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BitGo Korea Secures Institutional Custody License | Bitcoin and Crypto News
Description
BitGo Korea just landed a major win—official virtual asset service provider registration in South Korea, right before stricter new rules kicked in. They built a local entity from scratch, tailored for institutional clients with top-tier security, AML, and compliance controls. Backed by Hana Financial Group and SK Telecom, this move signals serious intent to serve enterprises securely under Korea’s tightening regulatory regime. With approval from the Korea Financial Intelligence Unit, BitGo is now ready to offer custody and transfer services—positioning itself as a trusted, regulated gateway for institutional crypto adoption in the country.
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