#支付系统与数字支付 Seeing BitGo receive conditional approval from the OCC to transform into a national trust bank, I have to say—this is a good signal, but we should also be cautious of the underlying tricks.

In the early days, I saw too many projects claiming "compliance" and "regulation" to cut leeks. What’s different with BitGo this time is that the approval from the US OCC is genuinely valuable, meaning institutional-grade digital asset custody now has an official channel of recognition. For large funds wanting to enter the market but afraid of losing coins, this reduces the risk.

But here’s a key point: compliance and security are two different things. BitGo’s approval only indicates that its custody mechanism is recognized; it doesn’t mean that putting your coins in guarantees everything is safe. I’ve seen many people relax just because they see "bank-grade security," only to become sitting ducks.

Real risk prevention works like this— even with approved, regulated players, you need to ask clearly: what is the fee structure, how long does the withdrawal process take, and who compensates if something goes wrong. Don’t blindly trust just because of regulatory endorsement; those who have been in the space long enough understand one truth: your private keys are the real insurance.

BitGo’s move is a sign of a maturing ecosystem, but don’t take it as a signal to enter the market. Good payment infrastructure is just a prerequisite; the project’s quality, market cycle, and your risk tolerance are the key factors that determine whether you can survive to the next round.