BitGo Europe is positioning itself as a regulatory shortcut for European crypto firms racing to comply with the Markets in Crypto Assets (MiCA) regulation before the end of June.
The BaFin-regulated platform allows crypto businesses to integrate their wallets into BitGo’s compliant infrastructure rather than building standalone operating stacks. This approach lets firms keep their client relationships and product control while outsourcing the regulated custody and compliance layer.
“All of your clients can be onboarded and have sub-accounts inside of BitGo,” Mike Belshi, CEO of BitGo, said. “Now, they are your clients: you help them with support, you help them with all of the products, you do all that stuff, we don’t do any of that. But they are now in segregated safe storage that’s MICA-compliant.”
The offering addresses a tightening regulatory squeeze. Europe had over 3,000 registered crypto firms as of 2024, with Poland alone accounting for 1,400 registrations. As of May 2026, only 194 crypto asset service providers (CASPs) had obtained authorisation under MiCA, according to industry data. Law firm Hogan Lovells estimates that approximately 75% of the pre-MiCA population will lose registration status as transitional periods expire.
BitGo’s service model charges a base monthly fee. “There’s some amount of monthly minimum that you pay similar to what’s always been there,” Belshi said. “That’s a couple of $1,000 a month type of thing that can scale with volume. Then clients can either go to variable-based plans, where they’re paying per transaction more, or they can use static-based plans, where they have kind of a fixed fee, and they pay less.”
Firms integrating with BitGo must complete know-your-customer work aligned with MiCA requirements. Eligible businesses may pursue their own CASP licenses in parallel while using BitGo’s infrastructure, allowing a dual-track approach during the transition.
The deadline at the end of June marks the final point for crypto firms to either obtain independent licenses or migrate to compliant platforms. BitGo’s announcement comes as the regulatory window closes on firms seeking to maintain operations across European markets.
