BitGo Launches MiCA-Compliant Platform as EU July 1 Crypto Licensing Deadline Approaches

BitGo launched a new crypto-as-a-service platform through its European division as the July 1 MiCA licensing deadline approaches. The platform is designed to help exchanges, fintech companies, and other digital asset businesses operate compliantly within the European Union's Markets in Crypto-Assets Regulation (MiCA) framework without building their own custody and compliance systems from scratch.

BitGo's European operations obtained a MiCA license from Germany's Federal Financial Supervisory Authority (BaFin) in May 2025. The platform provides regulated custody, trading, onboarding, wallet infrastructure via APIs, automated Know Your Customer (KYC) processes, transaction monitoring, settlement services, and euro payment access through the SEPA network. According to CEO Mike Belshe, companies can leverage existing regulated infrastructure to maintain operations during licensing transitions.