EddieJayonCrypto
8 Aug 24
BitGo has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS), allowing them to offer regulated digital payment token services in Singapore. The license enables clients to buy and sell digital assets through their insured cold storage custody solution. BitGo...
BitGo has secured the Major Payment Institution License from the Monetary Authority of Singapore (MAS), enabling regulated digital payment token services in Singapore. This paves the way for clients to trade digital assets through their insured cold storage custody solution. CEO Mike Belshe highlighted the importance of Singapore as a financial hub and the company's capacity to serve diverse client needs.
In addition, BitGo prevailed in a legal battle against Galaxy Digital, with the Delaware Supreme Court granting an appeal in their favor. This marks a significant regulatory milestone for BitGo's expansion into the Asian market, as they establish themselves as the sole provider offering a comprehensive range of services in the region.
More about Masco Corporation
Company: Masco Corporation
Description: Masco Corporation is a manufacturer of products for the home improvement and new home construction markets.
Industry: Manufacturing
Segments: Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Market Cap: 15.75B
Stock Price: $17.64
EPS: 1.155
P/E Ratio: 4.09
52-Week High: $35.49
52-Week Low: $17.64
Dividend Yield: 0.116
Revenue: 7.878B
Operating Margin: 82.6%
ROA: 0.009
ROE: -0.017