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BitGo Expands to Brazil, Targeting Banking Sector’s Crypto Adoption
BitGo Expands to Brazil, Targeting Banking Sector’s Crypto Adoption
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BTCCSquare news:
BitGo, a leading U.S.-based cryptocurrency custody provider, has established a local presence in Brazil to capitalize on growing institutional interest in digital assets. The move positions the firm to serve Brazilian banks exploring crypto services, offering custody solutions with optional insurance coverage for client assets.
The expansion reflects accelerating institutional adoption in Latin America's largest economy, where regulatory clarity has encouraged traditional financial players to enter the digital asset space. BitGo's infrastructure solutions aim to bridge the gap between legacy finance and blockchain technology.
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