BitGo Expands Crypto-as-a-Service Across Europe Under MiCAR Framework
BitGo has extended its Crypto-as-a-Service offering to the European Economic Area, leveraging the Markets in Crypto-Assets Regulation (MiCAR) framework. This MOVE allows fintech firms and banks across all 30 EEA member states to provide crypto trading and custody services without securing individual licenses.
The company's MiCAR-compliant solution simplifies regulatory navigation for European institutions seeking clarity amid tightening crypto rules. BitGo CEO Mike Belshe emphasized the demand for compliant infrastructure as traditional finance increasingly intersects with digital assets.
Having established similar services in the U.S. through BitGo Bank & Trust, the firm now positions itself as a transatlantic bridge between conventional finance and cryptocurrency markets.