BitGo Secures South Korean VASP License as First Foreign-Owned Company

BitGo secured a VASP license in South Korea, becoming the first foreign-owned company to do so. BitGo also holds a Major Payment Institution license in Singapore, granted in Aug. 2024. Its Asia-Pacific client base tripled after that license, and its Singapore desk became BitGo Prime’s largest globally as the company expanded its Singapore operations . Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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