BitGo Gains EU Regulatory Approval, Opens Doors to Institutional Crypto Services

Digital asset services provider BitGo has received a MiCA license from Germany’s BaFin, opening doors for regulated crypto services across the European Union starting in 2023. This pivotal milestone marks an important step for BitGo as it positions itself to serve institutions within Europe and drive broader crypto adoption. The company secured this regulatory approval after a significant effort led by Harald Patt, Managing Director of BitGo Europe GmbH, with headquarters based in Frankfurt.