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BitGo Receives MiCA License From BaFin in Germany to Expand Institutional-Grade Crypto Services to Banks and Asset Managers Across EU

BitGo Receives MiCA License From BaFin in Germany to Expand Institutional-Grade Crypto Services to Banks and Asset Managers Across EUThe Defiant1 min read
BitGo Receives MiCA License From BaFin in Germany to Expand Institutional-Grade Crypto Services to Banks and Asset Managers Across EU

BitGo has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Germany's Federal Financial Supervisory Authority (BaFin), enabling the company to extend its digital asset services across the European Union. This regulatory approval allows BitGo to offer cryptocurrency custody and institutional-grade solutions to a broad range of clients, including crypto-native companies, traditional financial institutions, banks, and asset managers throughout the EU. The license marks a key step in BitGo's European expansion strategy under the new EU crypto regulatory framework.

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