BitGo has been granted approval as a custodian under the SIX Exchange Regulation Crypto-Asset Rule, expanding its operations within Europe’s crypto market. The approval allows BitGo to offer regulated custodial services in line with Swiss financial regulations. In a recent announcement on X, the company said that the approval from SIX Exchange, Switzerland’s principal stock..
This week’s crypto round-up highlights the dynamic and evolving landscape of the cryptocurrency industry across Asia. BitGo Secures Major Payment Institution License In Singapore BitGo secured its Major Payment Institution (MPI) license from Singapore’s Monetary Authority of Singapore (MAS). This license allows BitGo to offer a comprehensive range of digital payment services. The said services..
Bitcoin Mining Manufacturer, KnCMiner, Closes $14M Series A Investment Round Bitcoin mining hardware manufacturer KnCMiner finalized a $14M Series A investment round, led by Nordic-based venture capital firm Creandum and advised by technology investment bank GP Bullhound. The funding will be dedicated to expand operations from hardware design into software, app and cloud services,..
Web wallet company BitGo has secured $12 million in venture funding, a show of strong investor support for its multi-signature security service for Bitcoin. Venture funding was provided by several different investors, including actor Ashton Kutcher and hedge fund manager Peter Thiel. BitGo aims to be the first successful startup to provide easy-to-use, impenetrable Bitcoin wallets with..
