Key Takeaways Bitgo Korea won VASP registration Aug. 18, opening custody services to institutions. Hana owns 25% of Bitgo Korea as tighter VASP rules raise the compliance bar. Bitgo has disclosed no launch date yet despite reporting $63 billion on platform. The Korea Financial Intelligence Unit accepted Bitgo Korea’s Virtual Asset Service Provider, or VASP, registration Aug. 18. Bitgo revealed the green light this week, just one day before South Korea slammed the door tighter with tougher entry requirements for cryptocurrency businesses. Bitgo Takes the Hard Road Into Korea The registration lets Bitgo Korea provide custody, management and transfer services …
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Crypto
The SEC proposed a new framework that would let qualifying crypto projects raise up to $75 million in a single 12-month period without completing a …
Meanwhile, ZEC exploded by over 11% in the past 24 hours to exceed $560. Grayscale has disclosed discussions with a Digital Currency Group (DCG) …
