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US Bitcoin Firm BitGo Launches Two New Custodial Entities In Europe
Summary: BitGo, the major digital asset financial services firm, will expand their global reach by setting up two new regulated custodial entities in Europe. According to an announcement from BitGo on Feb. 10, the United States-based firm has added new custodial subsidiaries in Switzerland and Germany. BitGo’s Swiss entity, BitGo GmbH, is a member of the ...
BitGo, the major digital asset financial services firm, will expand their global reach by setting up two new regulated custodial entities in Europe.
According to an announcement from BitGo on Feb. 10, the United States-based firm has added new custodial subsidiaries in Switzerland and Germany. BitGo’s Swiss entity, BitGo GmbH, is a member of the country’s major self-regulatory organization, the Financial Services Standards Association, which is overseen by the Financial Market Supervisory Authority (FINMA). BitGo Deutschland, BitGo’s German subsidiary, will be providing custody services in Germany and is set to seek regulatory approval in November 2020.
By Ramsey Baker
Tags: BitGo,Custodial subsidiaries,Germany,Switzerland
Link: US Bitcoin Firm BitGo Launches Two New Custodial Entities In Europe [Copy]
