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Bitgo Secures VARA Broker‑Dealer License to Launch Regulated Institutional Trading in Dubai

Bitgo MENA FZE announced that it has obtained a Broker‑Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing the firm to offer regulated digital asset trading and intermediation…

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Hybrid L2 BOB Enables 1-Click Native BTC Transfers Across 11 Major Chains

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain, launched BOB Gateway, a one-click on- and offramp that connects native bitcoin to Bitgo’s wBTC.OFT across 11 Layerzero-supported blockchains, including…

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Bitgo Secures German Approval to Launch European Regulated Crypto Trading Services From Frankfurt

Bitgo Europe GmbH received BaFin approval to extend its license, allowing it to offer regulated crypto trading services from Frankfurt, Germany. European institutional investors can now access Bitgo’s crypto OTC…

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Nordic Exchange Safello Taps Bitgo to Strengthen Crypto Asset Custody Infrastructure

Safello has announced an agreement with Bitgo Europe GmbH to enhance its crypto custody infrastructure. This partnership will integrate Bitgo’s advanced custody solutions into Safello’s existing setup, utilizing a three-key…

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WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars

It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has…

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Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding

BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows…

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