BitGo Granted Major Payment Institution License by Monetary Authority of Singapore

Singapore Firm Becomes Leading Crypto Custodian

BitGo, a leading infrastructure provider of digital asset solutions, has secured a Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS).

This license enables BitGo to provide a wider range of regulated digital asset services in Singapore, including custody, trading, and payment settlement.

The MPI license is a significant milestone for BitGo, as it demonstrates the firm's commitment to regulatory compliance and its ambition to be a trusted provider of digital asset infrastructure.

In a statement, BitGo CEO Mike Belshe said, "This license is a testament to the hard work and dedication of our team, and it reinforces our position as a leading provider of digital asset infrastructure.".