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Crypto custody firm BitGo (BTGO) has completed its virtual asset service provider registration for its South Korean unit. According to Yonhap News, BitGo Korea received approval for a VASP license from the Financial Intelligence Unit under South Korea’s Financial Services Commission on Aug. 18. BitGo said it met the regulatory requirements directly, rather than acquiring an existing VASP, to build a long-term business foundation in South Korea.
