BitGo Singapore has launched with a regulatory license, aiming to meet institutional demand in Asia with custody and trading services.
California-based cryptocurrency exchange BitGo launched a subsidiary in Singapore three months after obtaining a major payment institution license from the Monetary Authority of Singapore (MAS).
Nov. 21 marked the official launch of BitGo Singapore, a locally regulated subsidiary dedicated to providing digital asset custody, trading, settlement and token management services in the Asia Pacific (APAC) region.
In an announcement shared with Cointelegraph, Youngro Lee, CEO of BitGo Singapore, shared his intent to maintain strict regulatory standards while serving the APAC crypto ecosystem.
