Based in Frankfurt, Germany, BitGo Europe GmBH was established in 2023 as BitGo’s European headquarters and with registrations in multiple jurisdictions, including Italy, Spain, Poland and Greece.
The European Union (EU) has emerged as a leading region for crypto innovation following the introduction of its MiCA regulations, providing a clear regulatory framework for digital assets.
BitGo’s MiCA licence comes at a pivotal moment as BitGo expands its product suite to offer a broad range of institutional-grade digital asset solutions.
BitGo, the leading global infrastructure provider of digital asset solutions, is pleased to announce that Germany’s Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) has granted BitGo Europe GmBH a Markets in Crypto-Assets Regulation (MiCA) license to provide digital asset services in the EU.
This milestone will enable BitGo to expand its services across the European Union, serving both crypto-native firms as well as TradFi firms, including banks and investment managers, seeking a trusted, well-regulated partner for entering the digital asset space.
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Harald Patt, Managing Director of BitGo Europe GmbH, commented:
“As a global leader in digital asset infrastructure, regulatory compliance is at the core of our business. We are proud to receive our MiCA licence from BaFin, establishing our foothold in the European Union. This licence underscores our commitment to meeting the highest regulatory standards while fostering trust and innovation in the digital asset space. We are excited to support the continued growth of crypto adoption in Europe.”
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Since the introduction of MiCA regulations, the European digital asset industry has experienced a surge in regulatory approvals and innovation, spanning from staking to stablecoins. BitGo remains committed to playing a key role in this evolution, ensuring institutional-grade security, compliance, and reliability for its growing client base across the EU.
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Source: PR Newswire
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