BitGo Secures MiCA License to Expand Crypto Services Across EU
BitGo, the Goldman Sachs-backed cryptocurrency custody specialist, has obtained a pivotal regulatory approval from Germany’s Federal Financial Supervisory Authority (BaFin). The Markets in Crypto-Assets (MiCA) license positions BitGo as one of the first compliant digital asset service providers operating at pan-European scale.
The authorization eliminates jurisdictional fragmentation for BitGo’s institutional clients, enabling seamless cross-border crypto custody and trading operations. This milestone reflects accelerating regulatory clarity in Europe as traditional finance giants deepen their involvement in digital assets.