BitGo receives regulatory approval to custody cryptoassets
UPDATED: September 13, 2018, 10:05AM EDT

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The blockchain security startup's custodial service, BitGo Trust, has been approved by the South Dakota Division of Banking. BitGo can now offer its clients a regulated custodial service for cryptoassets. While BitGo has started the process of storing cryptoassets, under South Dakota law, the general public will have 30 days to file an appeal against the decision.
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