BitGo announces security controls

BitGo has recently announced a number of updates, allowing users to access security controls previously confined to enterprises. It has now integrated multi-user bitcoin wallets, risk controls and spending limits. Moreover, users will now be able to 'whitelist' bitcoin addresses.

The upgrade also includes the enabling of key features asked by its customers, along with "secure wallet sharing, address labelling and advanced auditing capabilities."

"We are incredibly excited to now offer the security controls and capabilities of BitGo free to all individual holders of bitcoin," said BitGo CEO Will O'Brien. "BitGo's mission is to secure the world's bitcoin. While historically we have offered advanced wallet services to enterprise customers, we feel it is critical for a growing bitcoin ecosystem that anyone can access the best-in-class security solutions BitGo provides."