BitGo Singapore, a subsidiary of BitGo, Inc., officially launched its operations in the APAC region after securing its Major Payment Institution License from the Monetary Authority of Singapore (MAS) in August 2024. Youngro Lee, CEO of BitGo Singapore, expressed excitement about the launch, stating, "We are thrilled to launch BitGo ...
Digital asset custodian BitGo is set to challenge the stablecoin market dominance of Tether's USDT and Circle's USDC with the launch of its new product: "The USD Standard (USDS) stablecoin," in January 2025. In a recent press release, BitGo claimed it wants to address the current stablecoin market's tendency to ...
South Korea’s top telecom and financial companies, SK Telecom and Hana Financial Group, have acquired significant ownership stakes in the Korean branch of the U.S. crypto company BitGo. According to local news outlet Yonhap News Agency, BitGo’s CEO Mike Belshe revealed this at the Korea Blockchain Week 2024 event in ...
BitGo has secured the Major Payment Institution License from the Monetary Authority of Singapore (MAS), according to a recent press release from the firm. The license positions BitGo as an authorized entity to offer regulated digital payment token services within Singapore. According to the release, Singaporeans will benefit from the ...
