BitGo Bank & Trust has obtained a charter from the Office of the Comptroller of the Currency (OCC), enabling it to operate as a federally chartered bank across all 50 U.S. states. This approval allows BitGo to expand its digital asset services, ensuring compliance with federal regulations, including Countering the Financing of Terrorism requirements. The bank will offer Bitcoin services to companies such as Fold, enhancing its reach in the digital asset sector.
BitGo Bank & Trust Secures OCC License for Nationwide Digital Asset Services
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
