BitGo handed MiCA license by Germany's BaFin

GLOBAL digital asset solutions infrastructure provider BitGo has been granted a Markets in Crypto-Assets Regulation (MiCA) license by Germany’s Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

The license will enable BitGo to provide digital asset services in the European Union, serving both crypto-native firms as well as TradFi businesses, including banks and investment managers.

“As a global leader in digital asset infrastructure, regulatory compliance is at the core of our business," said Harald Patt, Managing Director of BitGo Europe GmbH.

"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.”