BitGo BaFin license MiCA compliant: Crypto trading in Europe

  • BitGo, one of the oldest and most established providers of crypto infrastructure, is expanding its European business. Its German subsidiary, BitGo Europe GmbH, has received an extension of its existing license from the German Federal Financial Supervisory Authority (BaFin) and is now authorized to offer regulated crypto trading services throughout the EU based on the MiCA regulation.
  • Based in Frankfurt, BitGo now offers institutional investors access to a MiCA-compliant OTC trading desk and an electronic trading platform for spot trading. Thousands of digital assets and stablecoins can be traded at competitive rates using aggregated liquidity from dozens of market participants.
  • BitGo is combining the new offering with its existing institutional custody, staking, and settlement solutions. According to Brett Reeves, Head of European Sales and Go Network, this is a “game-changer” for European institutions, as customers can now leverage deep liquidity while their assets remain in regulated cold storage.
  • The expansion, approved by BaFin, marks an important milestone: BitGo is now one of the few providers to offer a complete, full-stack offering of custody, trading, staking, and settlement under MiCA regulation. For Europe, this represents a further step toward a mature digital asset ecosystem.

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Sources

Bitgo press release


Eine Quelle: btc-echo.de

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