Cryptocurrency custody company BitGo has been granted a cryptocurrency custody license by the Federal Financial Supervisory Authority (BaFin) in Germany.BitGo was approved for the New York Trust Charter by the New York Department of Financial Services (NYDFS) in 2021 and has been storing cryptocurrency assets for its clients under the supervision of BaFin since 2019 as part of a transitional system.
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BitGo Receives German Cryptocurrency Custody License
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