{"id":92385,"date":"2024-09-06T11:02:40","date_gmt":"2024-09-06T15:02:40","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=92385"},"modified":"2024-09-06T11:04:24","modified_gmt":"2024-09-06T15:04:24","slug":"bitgo-approved-as-custodian-for-six-exchange","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitgo-approved-as-custodian-for-six-exchange\/","title":{"rendered":"BitGo Approved as Crypto Custodian for Swiss SIX Exchange"},"content":{"rendered":"\n

BitGo has increased its market share in the European cryptocurrency market<\/a> by being approved as a custodian under the SIX Exchange Regulation Crypto-Asset Rule.\u00a0<\/p>\n\n\n\n

\"BitGo
BitGo Approved as Crypto Custodian for Swiss SIX Exchange<\/figcaption><\/figure>\n\n\n\n

According to a business statement on X, the company can now offer regulated custodial services<\/a> per Swiss financial legislation. <\/p>\n\n\n\n

The main stock market in Switzerland, SIX market, has approved BitGo, which further solidifies its position as a provider of safe, legal storage options for digital assets like cryptocurrency. <\/p>\n\n\n\n

A $250 million insurance policy will back BitGo Europe's custodial services, giving its clients even more security. <\/p>\n\n\n\n

BitGo can now provide regulated cryptocurrency payment services<\/a> in Singapore thanks to a Major Payment Institution license it obtained from the Monetary Authority of Singapore early in August. <\/p>\n\n\n\n

With this clearance, BitGo is now included among 27 other businesses with complete MPI licenses, having reached an initial in-principle agreement six months prior. <\/p>\n\n\n\n

This license allowed BitGo to offer crypto custody, trading, and insured storage solutions to its Singaporean clients, much like the SIX approval did.\u00a0<\/p>\n\n\n\n

What is the SIX Swiss Exchange?<\/h2>\n\n\n\n

A Swiss business called SIX Exchange offers payment services, financial data, and securities. It is the main stock exchange\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> in Switzerland and is renowned for listing various securities, such as bonds, stocks, and exchange-traded vehicles. <\/p>\n\n\n\n

It functions as a component of the wider SIX Group, which offers services for financial information, payment processes, and trading securities.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

BitGo has increased its market share in the European cryptocurrency market by being approved as a custodian under the SIX Exchange Regulation Crypto-Asset Rule.\u00a0 According to a business statement on X, the company can now offer regulated custodial services per Swiss financial legislation. The main stock market in Switzerland, SIX market, has approved BitGo, which […]<\/p>\n","protected":false},"author":43,"featured_media":92386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11407],"tags":[11104,21145,21685,17302],"class_list":["post-92385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-exchange","tag-bitgo","tag-crypto-custodian","tag-six-exchange","tag-swiss-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1725626851389.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/92385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=92385"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/92385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/92386"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=92385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=92385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=92385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}