BitGo launches MiCA crypto infrastructure in Europe

BitGo has introduced a MiCA-compliant crypto-as-a-service platform across Europe to help firms meet regulatory requirements ahead of the July 1 deadline. The BaFin-regulated company offers custody and trading tools as an alternative to building independent compliance systems.

BitGo Europe, authorized by Germany's BaFin regulator, launched the platform on Wednesday. It allows eligible crypto firms to integrate their wallets into BitGo's MiCA-compliant infrastructure while handling client support themselves.

CEO Mike Belshe explained that firms with existing KYC processes can onboard clients to segregated sub-accounts. "All of your clients can be onboarded and have sub-accounts inside of BitGo," he said. Businesses may also pursue their own CASP licenses in parallel.

The final MiCA transition deadline falls at the end of June. Industry data shows 194 authorized CASPs as of May 2026, with estimates that around 75 percent of pre-MiCA firms could lose registration status.

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Illustration depicting Binance facing rejection of its EU crypto license application by Greek regulators
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Binance EU crypto license faces reported Greek rejection

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Binance’s application for a key European Union crypto license is set to be rejected by Greek regulators, according to a Reuters report. The world’s largest crypto exchange disputes the claim and maintains it meets requirements.

Europe's MiCA rules will cut off unlicensed crypto platforms from serving customers after July 1, 2026. Only 194 firms hold licenses so far, leaving many users at risk of losing access.

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IG Europe will use Bitpanda's infrastructure to offer crypto trading to investors across the continent. The move follows the London-listed firm's introduction of spot crypto services in the United Kingdom last year.

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