BitGo rolls out MiCA-friendly rails while Binance waits on Greece's verdict 🚦
BitGo Europe launched a crypto-as-a-service platform designed to help crypto firms align with the European Union's Markets in Crypto-Assets Regulation (MiCA), the company said in a statement shared with Cointelegraph on Wednesday. The launch lands weeks before the EU's July 1 MiCA deadline, after which crypto companies must hold authorization to continue serving customers across the bloc. BitGo CEO Mike Belshe framed the offering as a way to keep platforms operational while licensing reviews play out. "We can help keep you moving safely and compliantly," he said.
BitGo's new platform allows exchanges and fintech companies to connect to regulated custody, trading, onboarding and wallet systems through APIs. Features include programmatic Know Your Customer (KYC) checks, transaction controls, settlement of supported digital assets and euro payments through Single Euro Payments Area (SEPA) rails in eligible regions. BitGo did not say whether its infrastructure could assist specific companies such as Binance in continuing EU operations, and did not respond to a request for clarification by publication time.
The service arrives more than a year after Germany's Federal Financial Supervisory Authority (BaFin) issued BitGo its MiCA authorization in May 2025. It also coincides with reports that Greek regulators may reject Binance's MiCA license application, raising questions about the EU regulatory status of the world's largest crypto exchange by trading volume.
BitGo said the transition is most pressing in markets such as Poland and Lithuania, where legacy national registration regimes are being phased out. Lithuania's transition period for legacy virtual asset service providers ended on Dec. 31, 2025, while implementation in Poland remains unresolved ahead of the EU-wide framework. Polish President Andrzej Djeta has vetoed crypto legislation for a third time as the MiCA deadline approaches. Belshe said the broader direction is clear. "We believe Europe is moving toward a more unified and durable regulatory framework for digital assets," he said, adding that "BitGo was built for moments like this."
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