BitGo Gains EU-Wide Approval to Serve Institutions Under New Crypto Rules

Description

BitGo has received EU-wide approval under the MiCA framework via BaFin, becoming one of the first U.S. crypto custodians authorized to offer institutional digital asset services across all 27 European Union member states.

Authors

Vince Dioquino

Publish date

May 12, 2025

Publisher

Decrypt

Web URL

https://decrypt.co/318968/bitgo-gains-eu-wide-approval-to-serve-institutions-under-new-crypto-rules

Referenced by

BitGo secures MiCA license in Germany

Crypto news

News story

BitGo broke ground for its EU headquarters in Frankfurt in 2023 as part of a broader push to expand across the Eurozone.

Crypto news

Quote

Since launching its BitGo Europe subsidiary, the firm has secured registrations in countries including Italy, Spain, Poland, and Greece. Its approval from BaFin enables it to operate across all 27 EU member states under a single regulatory framework.

Crypto news

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