Bitgo receives Approval to Operate Regulated Cryptocurrency Custodian

[xtinepink]

US based crypto exchange, Bitgo, recently has received US regulatory approval in which to offer cryptocurrency custody services to its clients or customers. 

BitGo Custody solution involves a number of facets:

100% cold storage technology in bank-grade Class III vaults

Support for 75+ coins and tokens

Institutional-grade policy controls

Multi-user accounts

Fast onboarding

24/7 support

As expected, Bitgo will now then comply both doing file financial audits and those  AML and KYC regulations. 

 

Source: 

https://www.ccn.com/bitgo-receives-approval-to-operate-as-regulated-cryptocurrency-custodian/