BitGo and OTC Markets Group plan to partner on digital asset trading and custody infrastructure for over 150 broker-dealers using OTC Link ATS. This alliance aims to expand institutional access to tokenized securities through existing market infrastructure, leveraging BitGo Bank & Trust as custodian.
FTX is set to distribute approximately $900 million to eligible creditors starting July 31, but only those who cleared June 16 checks and completed onboarding with providers like BitGo, Kraken, or Payoneer will receive funds. Residents of 45 jurisdictions remain blocked from selecting a distribution provider.
BitGo licencie 15 % de son personnel pour se recentrer sur la sécurité, le trading et l'IA
Crypto firm BitGo is laying off approximately 15% of its workforce, around 90 employees, to shift focus towards AI-powered infrastructure and other core services. The move follows its recent IPO and comes amid a broader trend of staff reductions in the crypto and tech sectors.
Crypto infrastructure company BitGo Holdings laid off about 15% of its staff, impacting an estimated 90 employees, as CEO Mike Belshe announced a strategic shift towards security, trading, stablecoins, settlement, and AI-powered infrastructure amidst a wider crypto market slump.
Crypto infrastructure firm BitGo Holdings has laid off approximately 15% of its workforce, impacting around 90 employees. CEO Mike Belshe cited a need for sharper focus on security, trading, stablecoins, settlement, and AI-powered infrastructure. This move adds to the thousands of job cuts seen across the crypto industry this year.
Europe's MiCA regulation deadline is forcing crypto platforms to decide between maintaining user access and retaining control over infrastructure. A partnership between BitGo Europe and Bielik.io exemplifies a strategy where smaller platforms outsource regulated functions to licensed providers to comply with new rules.
BitGo Europe has launched a crypto-as-a-service platform designed to meet the EU's MiCA regulation, aiming to help crypto exchanges maintain operations ahead of the July 1 licensing deadline. The platform offers regulated custody, trading, and onboarding tools via APIs, allowing companies to stay compliant during licensing delays.
BitGo CEO'sü Mike Belshe, ABD Merkez Bankası'nın yeni başkanı Kevin Warsh'ın kolay para politikalarının sonuna gelmesini Bitcoin için olumlu görüyor. Ayrıca, eski Bitcoin cüzdanlarına ilişkin sahiplik davasında anahtar kelimelerin bulunmadığını vurguladı.
On-chain financial platform ARIQO debuted at Southeast Asia Blockchain Week in Bangkok, discussing institutional RWA adoption. The company also hosted a private event with major players like Canton Foundation and BitGo, highlighting the need for robust infrastructure for on-chain capital.
Galaxy Digital founder Mike Novogratz testified in Delaware court against BitGo CEO Mike Belshe over a failed $1.2 billion crypto merger. Galaxy seeks to avoid a $100 million fee, citing regulatory hurdles and BitGo's alleged failure to provide financial information.
BitGo has launched a modular digital asset infrastructure platform for banks, offering custody, trading, and stablecoin services. The platform allows banks to integrate services individually and is already used by institutions like Erebor Bank and Banco de Crédito del Perú.
The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.
OKX integrates BitGo off-exchange settlement for US institutions, reducing pre-funding requirements and marking a key step in its US expansion following ICE investment.
