Digital asset custody provider BitGo has received principle approval for a digital asset license
ChainCatcher news, digital asset custody provider BitGo announced that it has received in principle approval for a major payment institution license from Singapore's top financial regulatory authority through its local entity.
BitGo stated that once fully licensed, its subsidiary BitGo Singapore Pte. will be able to offer regulated digital payment token services in Singapore and allow customers to buy and sell cryptocurrencies from its cold storage custody solution built within a Tier III vault.
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