BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns

BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU.

BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline.

BitGo Europe launched a crypto-as-a-service platform aimed at meeting the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said in a statement shared with Cointelegraph on Wednesday.

BitGo CEO Mike Belshe said companies shouldn’t leave users waiting during licensing delays, arguing that regulated infrastructure can keep platforms active in the meantime.

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