Cryptocurrency custodian company BitGo has received a MiCA license in Germany
2025-05-12 08:57:33
BitGo, a Goldman Sachs-backed cryptocurrency custodian, has become the latest cryptocurrency company to receive regulatory approval to operate in the European Union. The company announced on May 12 that Germany's financial regulator, BaFin, has granted BitGo Europe a Crypto Asset Regulatory Market (MiCA) license to provide digital asset services in the European Union. The new license allows BitGo to provide services to crypto-native companies and traditional Financial Institution Groups, including banks and asset managers within the European Union.
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