BitGo Secures MiCA License: EU Expansion Set to Take Off

Crypto custody firm BitGo has secured its Markets in Crypto-Assets (MiCA) license from Germany’s BaFin, marking a significant step towards expanding its European operations. The announcement comes after the company established its strategic headquarters in Frankfurt in 2023, allowing for closer regulatory engagement and access to a thriving crypto ecosystem. This license grants BitGo authority to offer digital asset services across the EU, encompassing both startups and traditional financial institutions like banks and asset managers.