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BitGo Secures MiCA License from BaFin to Expand Digital Asset Services Across the European Union

  • BitGo Europe GmbH, based in Frankfurt and established in 2023, received a MiCA license from Germany's BaFin on May 12, 2025, to provide digital asset services across the EU.
  • The license follows the EU's introduction of the MiCA regulation to unify digital asset rules across all 27 member states and boost regulatory clarity.
  • BitGo will expand its institutional-grade custody, staking, wallet, financing, and settlement offerings to serve crypto-native firms and traditional financial institutions.
  • Harald Patt, BitGo Europe's managing director, said, "regulatory compliance is at the core of our business" and that the license establishes its EU foothold.
  • This regulatory approval positions BitGo as a leading compliant provider enabling innovation and trust in the EU digital asset market amid growing institutional participation.
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PR Newswire broke the news in United States on Monday, May 12, 2025.
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