BitGo has recently been granted in-principle approval from Singapore’s Monetary Authority of Singapore (MAS) for a Major Payment Institution license. According to a social media post published by the established American digital asset custody firm, BitGo is one step closer to offering specialized trading services for non-retail investors. “This expands our global footprint and provides APAC with regulated, secure and trusted solutions,” wrote the post. “We applaud Singapore’s sound, clear and robust regulatory framework for digital assets.”