BitGo secures cryptocurrency custody license in Germany

Crypto custodial firm BitGo reportedly secured a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin), Financial Magnate reported Nov. 1. The licensing represents a significant milestone for BitGo in Europe and highlights the important role BaFin plays in setting crypto regulation, according to Dejan Maljevic, the managing director of BitGo Europe. “BaFin...

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