BitGo Expands Regulated Crypto Services Across EEA Under MiCAR Framework
BitGo Europe GmbH has launched its Crypto-as-a-Service (CaaS) platform across 30 European Economic Area countries, leveraging the Markets in Crypto-Assets (MiCAR) regulatory framework. The MOVE establishes a compliant infrastructure for banks and fintechs to offer digital asset services through modular APIs.
The expansion mirrors BitGo's U.S. offering via BitGo Bank & Trust but adapts to Europe's stricter MiCAR requirements for custody and operations. Institutions now gain passporting rights across the EEA without country-specific approvals—a strategic advantage for regional adoption.
MiCAR's standardized rules mitigate fragmentation risks that previously hindered crypto product launches. BitGo's solution bundles custody, trading, and KYC compliance—addressing critical pain points for traditional finance entrants.
