BitGo and Swan Bitcoin Seek Regulatory Approval for Bitcoin-Only Trust Company

BitGo and Swan Bitcoin are planning a Bitcoin-only trust company pending regulatory approval.
The trust will offer services like custody, administration, and management for institutional Bitcoin investors.
The companies are currently in talks with regulators but have not yet filed for approval.
The venture aims to provide services for asset managers, pensions, family offices, governments, and company treasuries.
Analysts predict the SEC may delay a Bitcoin ETF decision until 2024 as deadlines approach.

cointelegraph.com

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