BitGo Approved as Qualified Custodian for Crypto

BitGo Approved as Qualified Custodian for Crypto

The South Dakota Division of Banking has approved BitGo as a qualified custodian for digital assets. CEO of BitGo, Mike Belshe said, “Exchanges that double as custodians present a conflict of interest and raise regulatory concerns. BitGo Trust Company is a qualified custodian, and therefore the only custody offering that delivers the highest levels of both security and regulatory compliance.”

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