CryptoMediaClub
Thursday, July 10, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Goldman Sachs-Backed BitGo Opens Singapore Subsidiary to Serve APAC Market

21.11.2024
A A
0
119
VIEWS
ShareShare

US crypto custodian BitGo announced the launch of its Singapore subsidiary on Thursday, offering regulated token management services to the broader Asia Pacific region.

The launch comes after BitGo obtained the Major Payment Institution License from the Monetary Authority of Singapore in Aug. 2024.

The platform said its custody service now supports over 1,100 digital assets.

Institutional Clients Gain Secure Digital Asset Trading With BitGo Singapore

BitGo Singapore allows clients to access deep liquidity directly from cold storage. Its trading platform is accessible via API, user interface, or voice trading. The platform connects with top liquidity providers to ensure competitive pricing.

The platform also enables automated settlement, allowing institutional clients to trade and settle digital assets securely and efficiently.

“We are thrilled to launch BitGo Singapore and offer the APAC region a best-in-class suite of digital assets solutions and regulated infrastructure services,” said BitGo Singapore CEO Youngro Lee.

The announcement also revealed that BitGo has partnered with Neutronpay. This partnership allows customers to send and receive payments using Bitcoin’s Lightning Network.

Singapore Strengthens Its Position as a Crypto Hub With Strategic Connectivity

The MAS, the country’s financial regulator, has taken a proactive yet cautious approach to cryptocurrencies. In 2020, it introduced the Payment Services Act (PSA). This act created a clear regulatory framework for digital payment token (DPT) services, including cryptocurrencies.

The act focuses on anti-money laundering (AML) and counter-terrorism financing (CTF) while providing a legal pathway for crypto businesses to obtain licenses. This regulatory clarity has attracted numerous crypto exchanges and fintech startups looking for a stable environment to grow.

Singapore’s prime location in Southeast Asia offers strategic connectivity to major Asian markets like China, where strict regulations on crypto trading have pushed businesses to seek alternative hubs.

To date, 29 crypto companies, including Blockchain.com, Circle, and Coinbase, have secured full licenses to operate in Singapore.

The post Goldman Sachs-Backed BitGo Opens Singapore Subsidiary to Serve APAC Market appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Breaking: Bitcoin Hits New All-Time High as New Bull Market Begins
All news

Breaking: Bitcoin Hits New All-Time High as New Bull Market Begins

09.07.2025
0

Bitcoin (BTC) has officially hit a new all-time high of $111,999, surpassing its previous peak set on May 22, 2025.The...

Read moreDetails
Senator Elizabeth Warren Unveils Crypto Market Structure Principles In Key Committee Hearing

Senator Elizabeth Warren Unveils Crypto Market Structure Principles In Key Committee Hearing

09.07.2025
Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? 

Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? 

09.07.2025
Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

09.07.2025
BioSig Raises $1.1 Billion to Tokenize Gold and Commodity Assets

BioSig Raises $1.1 Billion to Tokenize Gold and Commodity Assets

09.07.2025
Load More
Next Post
Monkey Tilt Raises $30M in Series A Funding for Blockchain Gaming

Monkey Tilt Raises $30M in Series A Funding for Blockchain Gaming

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin Dominance Hits 61% as BTC Strengthens Its Hold on the Crypto Market

Bitcoin Dominance Hits 61% as BTC Strengthens Its Hold on the Crypto Market

8 months ago
Bitcoin Asset Protocol BRC-20 Enhances Governance with New Maintainers

Bitcoin Asset Protocol BRC-20 Enhances Governance with New Maintainers

1 year ago
Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

2 years ago
Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express

Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? 

Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

BioSig Raises $1.1 Billion to Tokenize Gold and Commodity Assets

Breaking: Emirates Airlines to Begin Accepting Bitcoin and Cryptocurrency for Flight Payments

Revolut Launches Instant Money Transfers to China

New Zealand Bans Crypto ATMs, Sets $5K Cap on Transfers in Major AML Crackdown

Trending

Bitcoin hits fresh all-time high above $112k as traders parse new US tariff shock
Analysis

Bitcoin hits fresh all-time high above $112k as traders parse new US tariff shock

09.07.2025
0

Bitcoin (BTC) reached a new all-time high of $112,040 on July 9, edging above the previous intraday...

Breaking: Bitcoin Hits New All-Time High as New Bull Market Begins

Breaking: Bitcoin Hits New All-Time High as New Bull Market Begins

09.07.2025
Senator Elizabeth Warren Unveils Crypto Market Structure Principles In Key Committee Hearing

Senator Elizabeth Warren Unveils Crypto Market Structure Principles In Key Committee Hearing

09.07.2025
Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? 

Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? 

09.07.2025
Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

09.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz