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Fold Expands Bitcoin Services to All 50 States Through BitGo’s Federal Bank Charter

The BitGo partnership lets Fold operate under a single federally supervised trust that replaces state licensing barriers.

Overview

  • Fold says its platform is now accessible in every U.S. state, with nationwide user onboarding underway.
  • The expansion follows a partnership with BitGo Bank & Trust, which recently obtained an OCC federal bank charter.
  • The charter enables a single federally supervised trust framework in place of fragmented state-by-state licensing.
  • Fold plans to extend its Bitcoin Gift Card nationwide and a Fold Bitcoin Credit Card is in development, with availability details to be announced.
  • BitGo provides custody and exchange infrastructure via its Crypto-as-a-Service platform, and Fold’s rollout depends on BitGo’s regulatory and operational continuity.