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BitGo Secures EU-Wide Regulatory Approval Under MiCA Framework
BitGo Secures EU-Wide Regulatory Approval Under MiCA Framework
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BitGo has emerged as one of the first U.S. cryptocurrency firms to receive regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework. The Germany-based Federal Financial Supervisory Authority (BaFin) granted the license, enabling institutional crypto custody services across all EU member states without country-specific approvals.
The milestone positions BitGo at the forefront of institutional crypto adoption in Europe as the region implements its comprehensive digital asset regulations. This regulatory clarity eliminates fragmentation, allowing compliant firms to operate seamlessly across the single market.
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