BREAKING đš
BitGo has secured South Koreaâs virtual asset service provider license, becoming the first global cryptocurrency company to do so đ.
Backed by Hana Financial Group and SK Telecom, BitGo Korea established a locally registered entity from the ground up, targeting institutional and enterprise clients rather than pursuing an acquisition. The license grants the firm full compliance to offer custodial, staking, and treasury services under South Korean law. This regulatory win unlocks access to a market estimated at over $50âŻbillion in crypto activity. Competitors may now feel pressure to obtain similar approvals to stay competitive đ.
The milestone underscores South Koreaâs push for a regulated, secure crypto ecosystem â .
$BOME, $BIO , $BOME
BitGo has secured South Koreaâs virtual asset service provider license, becoming the first global cryptocurrency company to do so đ.
Backed by Hana Financial Group and SK Telecom, BitGo Korea established a locally registered entity from the ground up, targeting institutional and enterprise clients rather than pursuing an acquisition. The license grants the firm full compliance to offer custodial, staking, and treasury services under South Korean law. This regulatory win unlocks access to a market estimated at over $50âŻbillion in crypto activity. Competitors may now feel pressure to obtain similar approvals to stay competitive đ.
The milestone underscores South Koreaâs push for a regulated, secure crypto ecosystem â .
$BOME, $BIO , $BOME