BaFin-regulated BitGo offers a Crypto-as-a-Service platform to help firms meet Europe’s MiCA licensing deadline by month-end.
BitGo has introduced a Crypto-as-a-Service platform to assist European crypto firms in achieving compliance with the Markets in Crypto Assets (MiCA) regulation ahead of the end-of-month deadline. The service, regulated by Germany’s BaFin, allows firms to integrate existing wallets into BitGo’s compliant infrastructure without building a standalone regulated stack from scratch.
The final transition deadline for MiCA compliance is December 31, requiring firms to secure licenses or alternative compliance solutions. BitGo’s platform enables firms to onboard clients into MiCA-aligned sub-accounts, provided they have completed necessary know-your-customer (KYC) procedures.
BitGo CEO Mike Belshi stated that firms can retain client relationships while leveraging BitGo’s regulatory framework. The service targets companies seeking to avoid the operational burden of independent licensing.