BitGo

SEC Punts Decisions on Franklin Templeton and Global X Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) has delayed decisions for both Franklin Templeton and Global X's spot bitcoin ETF applications. Hermine Wong, former SEC special counsel and current principal and founder at herminewong.xyz, discusses the move and what it means for the broader crypto industry. Plus, Wong's reactions to BitGo CEO Mike Belshe recently saying the SEC might reject current applications on the basis that exchanges and custody are not separated.

BitGo CEO Says More Bitcoin ETF Rejections Are 'Quite Likely'; Tether's Bitcoin Mining Plans
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the reason why BitGo CEO Mike Belshe believes the SEC could reject a series of spot bitcoin ETF applications. Bloomberg reports on Tether's new efforts to become a bitcoin mining giant. And, what a Mastercard executive is saying about mass adoption of central bank digital currencies (CBDCs).

More Bitcoin ETF Rejections 'Quite Likely,' BitGo's Belshe Says
Belshe says the SEC could reject ETF applications until exchanges and custody separate out.

BitGo and Copper Combine Crypto Custody Settlement Networks
The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex and Bitstamp.

BitGo Granted German Crypto Custody License by BaFin
BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.

Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians
With multisig security, several custodians control the private keys to the bitcoin being held. BitGo will perform this role alongside Coincover and Kingdom Trust.

Investment Manager Methodic Unveils Ether Staking Fund Offering Exposure to ETH Price and Yield
The fund uses the CoinDesk Ether Total Return Index and BitGo will custody and stake the fund's assets.

BitGo Buys Crypto Wealth Management Platform HeightZero
Financial details of the deal were not revealed.

Ferrari to Start Accepting Crypto Payments in U.S, Europe to Follow
Ferrari will subsequently extend the scheme to Europe in response to demand from its wealthy customers

BitGo, Swan to Form Bitcoin-Only Trust Company
"It's important to us to build a custodian without the risks of securing many altcoins within the same trust company as bitcoin," Swan CEO Cory Klippsten said.

