BitGo receives trust license from New York regulators

Cointelegraph

Published Mar 04, 2021 09:30AM ET

Updated Mar 04, 2021 11:00AM ET

Major American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services.

According to an announcement, the new charter enables BitGo to provide custodial services for institutional clients in New York seeking to make large investments in crypto in compliance with local regulations.

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