BitGo has secured a Markets in Crypto-Assets Regulation (MiCA) license from BaFin for its subsidiary, BitGo Europe GmbH.
This license allows BitGo to offer digital asset services across the European Union to a broader range of clients, including crypto-native businesses and traditional financial institutions.
The approval signifies BitGo's commitment to meeting high regulatory standards while supporting crypto adoption in Europe.
BitGo intends to provide secure and compliant infrastructure for institutional clients in the region amidst increased regulatory activity and innovation in the European digital asset industry.