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BitGo Receives Approval to Operate as Regulated Cryptocurrency Custodian

BitGo Approved to Operate as Regulated Cryptocurrency Custodian

Blockchain security startup Bitgo has announced that it has received regulatory approval in the U.S. to offer cryptocurrency custody services. With the move, BitGo becomes the latest company to throw its hat into the crypto custody ring as the market prepares to welcome large institutional investors who have previously been put off by crypto’s substantial custody risk.

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