BitGo to Use Civic ID Service for Royal Mint's Digital Gold Trial

BitGo to Use Civic ID Service for Royal Mint’s Digital Gold Trial

Blockchain identity startup Civic is to provide know-your-customer (KYC) services for BitGo-hosted wallets used to store Royal Mint Gold (RMG), a gold-backed cryptocurrency. The arrangement, announced today at the Money2020 conference in Las Vegas, makes BitGo the first "full KYC partner" for Civic, according to its founder and longtime bitcoin investor, Vinny Lingham. Civic has already been providing basic identity services, such as verifying mobile numbers and email addresses, for clients including the how-to website WikiHow , Now Lingham’s firm will be scanning and verifying documents, such as passports and utility bills, provided by investors in RMG tokens, to […]