BitGo Europe Secures MiCA Greenlight from BaFin—One Less Hurdle for Crypto’s EU Expansion

Germany’s financial watchdog BaFin just handed BitGo Europe a golden ticket—the first MiCA-compliant license for custody and trading in the EU. A regulatory win or just paperwork theater? You decide.

Active since 2013, BitGo now gets to play in Europe’s sandbox with regulators finally catching up to where the tech’s been for years. Custody, staking, institutional services—all officially stamped. Meanwhile, traditional banks still treat crypto like a suspicious package at the airport.

This isn’t just about BitGo. It’s a signal flare for the industry: MiCA’s framework is live, and the EU’s playing for keeps. Compliance costs will skyrocket, but so will legitimacy. The irony? Banks spent a decade lobbying against crypto—now they’ll need these same licenses to stay relevant.