The new licence expands regulated digital payment token services and custody solutions across Asia.
The firm can offer regulated digital payment token services and secure custody solutions in a Class III vault.
BitGo
BitGo, a provider of digital asset infrastructure solutions,
has secured the Major Payment Institution Licence from the Monetary Authority
of Singapore (MAS).
With this licence, BitGo can now offer regulated digital
payment token services in Singapore. Clients will be able to buy and sell
digital assets using BitGo's insured cold storage custody solution, which is
housed in a Class III vault.
The service includes access to deep liquidity and
a platform for trading and custody.
Mike Belshe, CEO of BitGo said: "Singapore is a leading
financial centre in Asia. With this licence, we can meet the rising demands of
clients with a diverse set of needs from fully regulated custody and trade to
self-custody wallets. BitGo is the only company in the region offering the full
set of services."
Enhancing Regional Operations
BitGo, with over a decade of experience, provides custody
and financial solutions globally. This licence strengthens BitGo's presence in
Asia and supports the growth and development of digital asset services in the
region.
Youngro Lee, CEO of BitGo Singapore and Head of BitGo Asia commented:
"This licence marks a new era for BitGo's international operations,
enabling us to deliver unparalleled digital asset solutions to our clients in
Asia and beyond. We look forward to working with MAS closely in the journey
ahead."
BitGo, a provider of digital asset infrastructure solutions,
has secured the Major Payment Institution Licence from the Monetary Authority
of Singapore (MAS).
With this licence, BitGo can now offer regulated digital
payment token services in Singapore. Clients will be able to buy and sell
digital assets using BitGo's insured cold storage custody solution, which is
housed in a Class III vault.
The service includes access to deep liquidity and
a platform for trading and custody.
Mike Belshe, CEO of BitGo said: "Singapore is a leading
financial centre in Asia. With this licence, we can meet the rising demands of
clients with a diverse set of needs from fully regulated custody and trade to
self-custody wallets. BitGo is the only company in the region offering the full
set of services."
Enhancing Regional Operations
BitGo, with over a decade of experience, provides custody
and financial solutions globally. This licence strengthens BitGo's presence in
Asia and supports the growth and development of digital asset services in the
region.
Youngro Lee, CEO of BitGo Singapore and Head of BitGo Asia commented:
"This licence marks a new era for BitGo's international operations,
enabling us to deliver unparalleled digital asset solutions to our clients in
Asia and beyond. We look forward to working with MAS closely in the journey
ahead."
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
WhiteBIT secures brokerage license in Georgia to launch regulated crypto derivatives
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👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
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Watch the full video to see if Hola Prime Markets fits your trading needs.
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We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
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We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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👉 Be part of FM Awards 2026.
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They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
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🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
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Built on transparency.
Driven by the industry.
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Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
