BitGo Secures Approval for Digital Asset License in Singapore
The decade-old crypto custody business said it could offer digital payment token services in the city-state once it obtains the full Major Payment Institution license.
ZoeyLog in/ Sign up
BitGo Gains In-Principle Approval for Payment Institution License in Singapore
10/01/2024 09:11
Bullish
Bearish
More news about bitgo twitter
- BitGo receives custody license from German regulatorBullishBearish
- BitGo CEO: There will still be more acquisitions in the futureBullish1Bearish1
- BitGo Terminates Acquisition of Prime TrustBullishBearish
- Galaxy Digital Terminates BitGo AcquisitionBullishBearish
More news about bitgo twitter
- Zoey
BitGo Secures Initial Approval for Digital Asset License in Singapore
BitGo's subsidiary in Singapore secures an in-principle approval for a Major Payment Institution license, aiming to provide regulated digital payment token services. Singapore's prominence as a crypto innovation hub drives BitGo's commitment to expanding services, leveraging the region's regulatory framework and business appeal. With a strategic financing of $100 million, BitGo aims for global expansion and strategic acquisitions, emphasizing its commitment to establishing a regional headquarters in Singapore.
Huang BoCrypto Custodian BitGo Expands With Acquisition Of Software Firm HeightZero
The acquisition follows a relatively recent fundingraising for BitGo and a partnership with South Korea's Hana Bank.
ClementKorea's Hana Bank Partners With BitGo For Crypto Custody
They hope to launch the venture in the second half of 2024
ClementCoinbase, BitGo, and Anchorage assert that they comply with SEC custody rules
Three crypto custodians say they will be able to continue operating.
CryptoSlateFTX Asks Court to Let BitGo Safeguard Its Assets During Bankruptcy
FTX has agreed to hire BitGo to hold its $740 million of remaining digital assets in cold wallets.
The BlockGalaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages
Galaxy Digital has announced that it's backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy ...
BitcoinistBitGo to sue Galaxy Digital for $100M over dropped acquisition
"Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more," said R. Brian Timmons.
CointelegraphGalaxy Digital delays BitGo acquisition to later on in 2022
The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022.
CointelegraphElon Musk buys Twitter for $44B — crypto industry reacts
The company's board of directors unanimously approved the deal on Monday but added it was still "subject to the approval of Twitter stockholders."
Cointelegraph