BitGo secures MiCA license in Germany

Description

BitGo has secured a MiCA license from Germany’s BaFin, allowing its Frankfurt-based subsidiary to expand regulated crypto custody and staking services across the European Union amid growing adoption and institutional demand.

Authors

Hristina Vasileva

Publish date

May 12, 2025

Publisher

Cryptopolitan

Web URL

https://www.cryptopolitan.com/bitgo-secures-mica-license-in-germany

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BitGo secures MiCA license in Germany

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The entity is already compliant and was awarded licenses in Italy, Spain, Portugal, Poland and Greece, among other EU member states. Each license is secured with the country’s local financial authorities.

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BitGo joins the list of other brokerages with a MiCA license, including Crypto.com, Bitpanda, and OKX. Those exchanges were among the first to secure the license, as they were already mostly compliant with EU regulations. BitGo also noted that banks and fintech institutions were slow to gain MiCA license for crypto activities, giving crypto native companies a head start in offering services.

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