BitGo launches service to help crypto firms meet MiCA

With a critical European regulatory deadline days away, crypto custody firm BitGo is launching a service to help companies continue operating by renting its already-approved infrastructure. The move underscores the scramble by hundreds of firms to comply with the European Union's Markets in Crypto-Assets (MiCA) framework before a July 1, 2026, deadline.

BitGo Europe, which holds a MiCA license from Germany's Federal Financial Supervisory Authority (BaFin), announced its Crypto-as-a-Service platform on Wednesday. The offering allows exchanges, fintechs, and other crypto service providers to connect to BitGo's regulated custody, wallet, trading, and payment systems via application programming interfaces (APIs). This enables client firms to maintain their customer-facing operations and relationships while outsourcing the underlying compliant infrastructure.

BitGo CEO Mike Belshe framed the service as a practical solution for companies facing licensing delays. He explained that a firm's clients can be onboarded into segregated sub-accounts within BitGo's compliant custody. The client company continues to handle all customer support and product offerings, while BitGo manages the...