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Tag Archives: bitgo

BitGo Bags Crypto Custody License in Germany

BitGo confirms that it is delighted that its efforts to secure the new license have finally paid off. Crypto custody firm BitGo is now fully licensed to carry out its custody business in Germany, according to a recent CoinDesk report. This follows after the United States-regulated firm recently secured the appropriate license from the German Federal Financial Supervisory Authority (BaFin). The new license may make it official, however, BitGo confirms, in a press release, that it already...

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BitGo Partners with Swan Bitcoin to Float First-Ever Bitcoin-Only Trust Company

The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the crypto market. According to an official press release, the new firm will be the first Bitcoin-only trust company. It will combine regulatory compliance...

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Hana Bank Forms Strategic Partnership with BitGo

BitGo CEO and co-founder Mike Belshe believes his company will help improve the transparency and safety of the growing South Korean digital asset industry. South Korean financial institution Hana Bank has announced its strategic partnership with crypto custody platform BitGo. According to the Korea Economic Daily report, the duo announced the partnership while speaking at the Korea Blockchain Week in Seoul. Hana Bank is a top bank in South Korea, with an estimated $2.4 billion net profit,...

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Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network

Amongst other things, GK8 will help solidify GalaxyOne, the bigger company’s trading platform.Cryptocurrency financial services firm, Galaxy Digital Holdings Ltd (TSE: GLXY) has been selected as the winning bidder for Celsius Network’s owned custody outfit, GK8. As announced by the company, the acquisition is a part of the divestment agenda of the bankrupt crypto lender and it is subject to regulatory approval.GK8 provides a secure institutional digital asset self-custody platform that...

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Blockchain.com Says ‘Never Sell’ to Bitcoin Holders with New Borrow Option

Blockchain.com offers retail investors a new Borrow option that will let them ‘borrow like the big guys’, pledging their Bitcoin, Bitcoin Cash, Stellar or Ether.Blockchain.com once was responsible for 70% of all the BTC wallets. Today, users can borrow USD (in stablecoin) and keep the precious Bitcoin for themselves. If they will pay the credited funds back after some time, of course.Per the official announcement made on Tuesday, Blockchain.com (former Blockchain.info) offers a new borrow...

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INX Wants to Hold a 130 Million IPO in New York Jurisdiction

INX IPO will launch soon in New York, security exchange from Gibraltar is planning to change the industry with fully regulated trades. The exchange will feature extended compliance and two separate trading layers – for crypto and for classic securities.This could be one of the biggest business deals in the history of cryptocurrency. INX Ltd., entering a 130 million IPO stage, wants to establish in New York to avoid problems with almighty regulators. Smart move, considering that people like...

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XRP Price Up 25% in 2020 but Stopped at $0.23 as Ripple Moves over 70 Million XRP

The price of XRP has been impressive this year. However, some fear is setting in as large transactions are recorded on the XRP Ledger.Members of the XRP and Ripple community are optimistic that 2020 will be a much better year for the asset than 2019 was. Last year, XRP did not sail very smoothly and compared to other assets atop the list of the market’s largest players, it was disappointing. However, if the first two months of the year are significantly considered, XRP might have an...

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BitGo: US-Bitcoin Service expandiert nach Deutschland und in die Schweiz

Im Finanzdienstleistungssektor für Kryptowährungen, steigt die Nachfrage nach Lösungen nach wie vor rasant an. Aus diesem Grund entschloss sich das Unternehmen rund um BitGo, seine Leistungen nun auch in der Schweiz und Deutschland anzubieten.Ein weiterer großer Schritt nach vorne im europäischen Markt! BitGo ist eines der weltweit größten Unternehmen wenn es um die Verwahrung digitaler Vermögenswerte...

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