BitGo is providing compliance transition solutions to European crypto companies as the MiCA compliance deadline nears. Authorized by Germany's BaFin, BitGo Europe offers a crypto-as-a-service platform that allows companies to transition to the MiCA framework without building independent systems. Companies can integrate customers through the BitGo wallet, maintaining independent sub-accounts that meet MiCA requirements. This service enables firms to retain customer relationships and support while evaluating or applying for their own MiCA licenses.
Industry data reveals that over 3,000 crypto companies were registered in Europe in 2024, but only 194 were authorized by May 2026. An estimated 75% of companies may lose registration eligibility after the transition period. BitGo's compliance services are cost-effective, starting at several thousand dollars per month, with flexible billing options available.
BitGo Offers MiCA Compliance Solutions to European Crypto Firms
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