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.