1. BitGo Approved as Custodian
2. Ensuring Secure and Regulated Custody
3. MAS Regulation and Singapore License

BitGo has become an official custodian under the new SIX Exchange Regulation Crypto-Asset Rule, aligning with the company’s mission to make crypto custody available worldwide.

BitGo Approved as Custodian

BitGo, headquartered in Palo Alto, California, has been officially approved as a custodian under the new SIX Exchange Regulation for Crypto-Assets. BitGo provides digital asset security, custody, and liquidity, serving over 1,500 institutional clients in over 50 countries.

Ensuring Secure and Regulated Custody

In an official statement, BitGo revealed that the new approval marks an important milestone in its mission to provide secure, regulated custody for clients worldwide. BitGo Europe offers custodial solutions backed by a $250 million insurance policy. “As we continue to grow, we are dedicated to ensuring the highest standards of security and compliance,” the company noted.

MAS Regulation and Singapore License

In August, BitGo also obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This regulatory framework supports the company's commitment to providing regulated, secure, and compliant digital financial services in the region. BitGo’s clients can buy and sell digital assets using an insured cold storage solution with a class III vault and access to aggregated liquidity. Youngro Lee, CEO of BitGo Singapore, stated that the license marks a new era for BitGo's international operations, enabling the company to deliver crypto solutions to clients in Asia and beyond.

Approval as a custodian under SIX Exchange Regulations and obtaining a license in Singapore highlight BitGo’s dedication to security and regulatory compliance on a global scale.