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.
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BitGo obtains in-principle approval in Singapore for digital asset license
10/01/2024 09:01
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More news about "bitgo"
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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 BoBlockchain Wallet, BitGo, and Goldman Sachs: A Nexus in the Cryptocurrency Universe
BitGo and Goldman Sachs are partnering to develop secure, institutional-grade blockchain wallets, bridging traditional finance and the cryptocurrency world. This collaboration aims to enhance cryptocurrency adoption among financial institutions.
Cheng YuanCrypto 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.
Cointelegraph