Bitgo Gains MiCA License to Expand Regulated Digital Asset Services in EU

Bitgo has received crucial authorization from Germany’s Federal Financial Supervisory Authority (BaFin), securing a Markets in Crypto-Assets (MiCA) license. This move grants Bitgo the ability to offer its services throughout the European Union, operating under a unified regulatory framework. The company has registered with several EU member states including Italy, Spain, Poland and Greece. This MiCA licensing allows Bitgo to serve both crypto businesses and traditional financial institutions effectively within the EU.