BitGo Becomes First Global Crypto Firm to Secure License in South Korea
BitGo Korea has made a significant entry into the South Korean market by securing a virtual asset license, becoming the first global cryptocurrency company to achieve this milestone. Backed by Hana Financial Group and SK Telecom, BitGo aims to provide cryptocurrency custody and transfer services to institutional clients, marking a pivotal moment in the region's crypto landscape.
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Bitgo Breaks Into Korea With Hana and SK Telecom in Its Corner
Bitgo Korea just cracked one of Asia’s toughest crypto markets, securing regulatory registration to provide cryptocurrency custody and transfer services to institutional clients in South Korea and planting a direct flag in one of the world’s busiest digital asset markets. The Korea Financial Intelligence Unit accepted Bitgo Korea’s Virtual Asset Service Provider, or VASP, registration […]
BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so
Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather than taking the acquisition route.
BitGo Korea secures VASP registration ahead of new rules
BitGo Korea has secured VASP registration from South Korea’s Financial Intelligence Unit, becoming the first local entity owned by an overseas crypto company to complete the process directly. Yonhap News Agency reported on Aug. 20 that the Financial Intelligence Unit,…