News
BitGo’s MiCA license allows it to offer services to crypto-native firms and traditional finance institutions, including banks and asset managers within the EU.
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BitGo News
BitGo is a blockchain company that was founded in 2013 by Mike Belshe and Ben Davenport and the main office is currently headquartered in Palo Alto, California. The main goal of the company is the BitGo digital wallet that was initially an online storage only for Bitcoin though the system now supports almost all of the popular altcoins. This web wallet can be connected to any device and the mobile version of the BitGo app allows users to keep the key for it on the gadget. There are two versions of the platform, such as for private and business use and the main difference between them that the second one has access to the large, verified cryptocurrency trading platforms. Besides cryptocurrency online storage, the BitGo wallet offers special tools for keeping digital money and other kinds of assets offline.
- News
Coinbase confirmed it is considering applying for a US federal bank charter amid moves by crypto firms to integrate with the traditional financial system.
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Major crypto firms, including Circle, BitGo, Coinbase and Paxos, are exploring bank charters amid evolving US stablecoin regulations, according to The Wall Street Journal.
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BitGo boss Mike Belshe has hinted at a potential public offering for his crypto custody firm, and says going public would help to “deliver trust in digital assets.”
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OTC infrastructure firm Finery Markets says OTC trading volume skyrocketed last year, driven by Donald Trump’s election win and demand for spot crypto ETFs.
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Several other major crypto firms are also considering hitting the public equity markets in 2025.
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This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.
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More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX claimants could see recovery payments distributed as early as January.
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BitGo, a crypto custodian offering various Bitcoin staking options, now allows institutional clients to secure extra BTC rewards with Core’s dual staking model.
31853 - Newsletter
This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more.
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India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024.
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After announcing recent moves into stablecoins and native tokens, BitGo is now targeting retail clients.
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BitGo Singapore has launched with a regulatory license, aiming to meet institutional demand in Asia with custody and trading services.
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Wrapped Bitcoin currently has a market capitalization of approximately $9.5 billion and a circulating supply of 154,782 tokens.
2095 - Opinion
Concerns about wBTC’s planned custody shakeup are overblown. For added safety, cbBTC is the best alternative.
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