BitGo plans to expand its product suite for institutional clients across Europe following its MiCA approval

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The license positions BitGo as one of the first American digital asset firms to gain recognition under the EU's Markets in Crypto-Assets (MiCA) framework, a unified regulatory system, rolling out crypto custody services for its institutional clients across the bloc this year.
“BitGo’s MiCA licence comes at a pivotal moment as BitGo expands its product suite to offer a broad range of institutional-grade digital asset solutions,” the announcement added.