BitGo Granted German Crypto Custody License by BaFin

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BitGo Granted German Crypto Custody License by BaFin
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Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.

U.S.-regulated cryptocurrency custody firm BitGo has been granted a crypto custody license by the German Federal Financial Supervisory Authority ., has been storing crypto assets for its customers since 2019, also under BaFin supervision, as part of a transitional regime, according to a press release.“BaFin is recognized as one of the world's key trendsetters in crypto regulation.

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