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Digital asset infrastructure company BitGo said it had secured regulatory approval to offer specific services in Dubai amid the agency’s announcement of several enforcement actions.In a Tuesday notice, BitGo said its Middle East and North Africa (MENA) arm had secured a broker-dealer license from the Virtual Assets Regulatory Authority (VARA) in Dubai, allowing the company to provide “regulated digital asset trading and intermediation services to institutional clients.” The move came just a few weeks after BitGo said its European subsidiary could offer crypto services to local investors under a license from Germany’s Federal Financial Supervisory Authority.“This approval allows us to…

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Bitcoin just broke its previous all-time high, and it’s back in the headlines — and this time, one big bank thinks the rally is far from over. Standard Chartered has doubled down on its bold prediction that the world’s largest digital asset could hit $200,000 by the end of 2025, driven by strong institutional demand, ETF inflows and growing confidence in the scarce digital asset. The forecast comes as bitcoin trades near $125,000, just breaking its August all-time high of around $124,500. It’s up 12% in the past week, extending the fourth quarter surge many are calling “Uptober”. “ETF demand…

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