BitGo Secures MiCA License for EU Expansion

Cryptocurrency custody firm BitGo has received regulatory approval from Germany’s BaFin to operate across the European Union under its Markets in Crypto-Assets Regulation (MiCA). This move positions BitGo as another major player to secure MiCA license and expand into a broader market within Europe. The firm will now offer services to both crypto-native and traditional financial institutions such as banks and asset managers across the EU.