Crypto custodian BitGo secures license from Germany’s BaFin to expand services in Europe

Description

BitGo has received a MiCA license from Germany’s BaFin, allowing its European subsidiary to offer regulated crypto services across all EU member states and serve both crypto-native firms and traditional financial institutions.

Authors

Denis Omelchenko

Publish date

May 12, 2025

Publisher

Crypto.News

Web URL

https://crypto.news/crypto-custodian-bitgo-secures-license-from-germanys-bafin-to-expand-services-in-europe

Referenced by

BitGo secures MiCA license in Germany

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“BitGo is now well-positioned to serve both crypto-native companies and traditional financial institutions — such as banks and asset managers — looking to engage with digital assets through a secure, compliant infrastructure provider.” BitGo

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Commenting on the license, BitGo said the European Union is a “global hub for digital asset innovation, driven by MiCA’s clear, harmonized approach to regulation,” and stated that the new rules have helped “accelerate institutional participation while increasing trust in the market.”

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