BitGo Expands in Europe
BitGo is expanding its presence in Europe as the pressure for the crypto industry to comply with the European Union’s new Markets in Crypto-Assets Regulation (MiCA) increases. The crypto custody firm announced the launch of a new crypto-as-a-service platform through its European division. It is designed to help exchanges, fintech companies, and other digital asset businesses continue operating in the bloc’s changing regulatory framework.
The launch comes just weeks before the European Union’s July 1 MiCA licensing deadline, which requires crypto companies serving customers across the region to obtain the necessary regulatory authorization. There is still a lot of uncertainty for several major industry players, including Binance, after reports that Greek regulators could reject the exchange’s MiCA license application.
BitGo’s new platform is intended to provide regulated infrastructure that allows crypto firms to maintain operations without having to build their own compliance and custody systems from scratch. According to BitGo CEO Mike Belshe, companies should not be forced to leave customers waiting while navigating licensing challenges. Instead, they can take advantage of existing regulated infrastructure to continue offering services in a compliant manner.
The company’s European operations received a MiCA license from Germany’s Federal Financial Supervisory Authority (BaFin) in May 2025, giving BitGo a regulatory advantage as the framework moves into full implementation in the European Union.
Through its crypto-as-a-service offering, BitGo provides access to regulated custody, trading, onboarding, and wallet infrastructure via application programming interfaces (APIs). This allows exchanges and fintech platforms to integrate these services directly into their products while keeping control over their customer experience and branding.
The platform also includes a range of compliance-focused tools like automated Know Your Customer (KYC) processes, transaction monitoring capabilities, and settlement services for supported digital assets. In addition, BitGo offers access to euro payment services through the Single Euro Payments Area (SEPA) network in eligible jurisdictions, which allows users to move between fiat currencies and cryptocurrencies in a regulated environment.
While BitGo did not specifically comment on whether its infrastructure could assist companies that fail to secure MiCA licenses, the launch positions the firm as a potential partner for crypto businesses looking for a compliant path forward.
