BitGo Gains EU Approval, Expands Crypto Custody Services Across Europe

BitGo has secured regulatory approval from Germany’s BaFin, allowing it to offer institutional crypto custody services across all 27 European Union member states. This landmark authorization positions BitGo as one of the first U.S. firms to operate under the EU’s Markets in Crypto-Assets (MiCA) framework.

The MiCA endorsement eliminates the need for country-specific licenses, enabling seamless expansion throughout the European market. This development significantly strengthens BitGo’s position as a leading provider of digital asset custody solutions for institutional clients.

Regulatory clarity under MiCA creates a unified playing field for crypto service providers across Europe. BitGo’s compliance with these standards demonstrates the growing institutionalization of digital asset services within regulated financial markets.