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BitGo

Crypto Custody Firm BitGo Withdraws Acquisition of Rival Prime Trust
Video
Bitgo
Crypto Custody Firm BitGo Withdraws Acquisition of Rival Prime Trust
Cryptocurrency custodian BitGo terminated its acquisition of rival Prime Trust after earlier this month reaching a preliminary agreement to acquire the firm for an undisclosed...
Crypto Custody Firm BitGo Withdraws Acquisition of Rival Prime Trust
By CoinDesk Staff
Jun 22, 2023 at 5:53 p.m. UTC
Jun 22, 2023
BitGocdtvHash clipPrime Trust
BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)
Finance
Bitgo
Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.
BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)
By Jamie CrawleyDanny Nelson
Jun 22, 2023 at 1:59 p.m. UTC
Jun 22, 2023
BitGoPrime TrustAcquisitionsCustodianstop news
(Shutterstock)
Policy
Bitgo
BitGo's Suit Against Galaxy Digital Over Canceled $1.2B Purchase Dismissed by Delaware Judge
Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market.
(Shutterstock)
By Stephen AlpherElizabeth Napolitano
Jun 12, 2023 at 3:51 p.m. UTC
Jun 12, 2023
BitGoGalaxy Digital
BitGo CEO Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)
Finance
Exclusive
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources
The financial terms of the deal were not disclosed by the source.
BitGo CEO Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)
By Ian Allison
Jun 8, 2023 at 7:24 p.m. UTC
Jun 8, 2023
Exclusive BitGoPrime TrustCustodians
CEO of BitGo Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)
Consensus Magazine
Opinion
U.S. Lawmakers Can Get Crypto Regulations Right if They Act Now
Crypto companies are being hamstrung by legislative inaction as much as an ill-advised policy of regulating by enforcement, BitGo CEO Mike Belshe said.
CEO of BitGo Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)
By Mike Belshe
May 22, 2023 at 9:07 p.m. UTC
May 22, 2023
OpinionMike BelsheBitGoSECRegulation
Sam Bankman-Fried's Legal Developments; Bitgo Releases Security Features Aimed at Bitcoin Ordinals
Video
Bitgo
Sam Bankman-Fried's Legal Developments; Bitgo Releases Security Features Aimed at Bitcoin Ordinals
FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations during a court appearance. Plus, custody provid...
Sam Bankman-Fried's Legal Developments; Bitgo Releases Security Features Aimed at Bitcoin Ordinals
By CoinDesk Inc
Mar 30, 2023 at 7:42 p.m. UTC
Mar 30, 2023
BitGocdtvSam Bankman-FriedFTXaab clipftxforarcBitcoin ordinals
(DALL-E/CoinDesk)
Technology
Bitcoin
Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals
Custody provider BitGo has released a security tool for protecting Bitcoin Ordinals Inscriptions from accidental transfers.
(DALL-E/CoinDesk)
By Shaurya Malwa
Mar 30, 2023 at 4:00 p.m. UTC
Mar 30, 2023
BitcoinOrdinalsCustodySecurityBitGo
2022 Was Undeniably Miserable Year for Crypto: BitGo CEO
Video
Mike belshe
2022 Was Undeniably Miserable Year for Crypto: BitGo CEO
During a crypto hearing held by the House Financial Services Committee’s subcommittee on digital assets, financial technology and inclusion, BitGo CEO Mike Belshe outlined the...
2022 Was Undeniably Miserable Year for Crypto: BitGo CEO
By CoinDesk Inc
Mar 9, 2023 at 8:33 p.m. UTC
Mar 9, 2023
Mike BelsheBitGoHouse Financial Services CommitteeSilvergate Bank
(Getty Images)
Consensus Magazine
Opinion
The SEC's Custody Rule Would Be a Net Positive for Crypto
Crypto exchanges should be required to separate their custody and trading businesses, says Mike Belshe, the CEO of BitGo.
(Getty Images)
By Mike Belshe
Mar 8, 2023 at 5:30 p.m. UTC
Mar 8, 2023
OpinionBitGoMike BelsheCustodySEC
"The FTX collapse guarantees that crypto regulation will be on the U.S. legislative agenda for 2023, at long last," says Mike Belshe. (Zoltan Tasi/Unsplash)
Consensus Magazine
Bitgo
A 5-Pronged Approach to Sensible Crypto Regulation After FTX
Mike Belshe, CEO of BitGo, makes the case to improve oversight of stablecoin reserves, separate trading and custody accounts and minimizing the use of "omnibus wallets."
"The FTX collapse guarantees that crypto regulation will be on the U.S. legislative agenda for 2023, at long last," says Mike Belshe. (Zoltan Tasi/Unsplash)
By Mike Belshe
Jan 24, 2023 at 9:45 p.m. UTC
Jan 24, 2023
BitGoOpinionRegulationPolicy Week 2023