BitGo Europe GmbH Provides Regulated Path Forward for Crypto Businesses as EU VASP Regimes Expire

Key Terms

micar regulatory

MiCAR is a regulatory framework from the European Union that sets rules for crypto assets and the firms that issue, trade, or manage them, like a traffic code for digital tokens and the services around them. It matters to investors because it aims to reduce fraud and operational risk, increase transparency, and create consistent rules across markets so crypto offerings and platforms become easier to compare and potentially safer to hold or trade.

virtual asset service providers regulatory

Virtual asset service providers are businesses that create, store, trade, transfer or manage digital assets such as cryptocurrencies and tokenized securities — think of them as the banks, brokers and exchanges for digital money. They matter to investors because their security, regulatory compliance and operational rules determine how easily and safely investors can buy, sell or custody these assets; changes in regulation, hacks or service failures can directly affect asset value and access.

crypto-asset service providers regulatory

Crypto-asset service providers are firms that help people buy, sell, store or move digital tokens and cryptocurrencies, such as exchanges, wallets, brokers and payment processors. They matter to investors because these firms handle custody, trading access and transaction security—similar to how banks and payment apps manage cash—so their reliability, fees, and regulatory standing directly affect an investor’s ability to access assets and the risk of loss or disruption.

sepa financial

SEPA, or Single Euro Payments Area, is a system that allows money to be transferred easily and quickly across European countries using a common set of rules and standards. It makes cross-border payments as simple as sending money within your own country, reducing costs and processing times. For investors, SEPA simplifies international transactions within Europe, making it easier to move funds and manage investments across multiple countries.

kyc regulatory

KYC (Know Your Customer) is the routine of checks and questions that financial firms use to confirm who a client is, understand their financial profile, and spot risky or illegal activity. It matters to investors because it helps prevent fraud and money laundering, ensures companies follow the law, and protects the integrity of markets—think of it like an identity and background check a bank or airport runs before allowing access.

bafin regulatory

BaFin is Germany’s federal financial regulator that supervises banks, insurers, securities markets and financial service providers. It enforces rules, issues licenses, conducts inspections and can impose fines or ordering remedies; for investors, BaFin acts like a referee and safety inspector—its decisions and investigations affect market confidence, trading access and can move share prices when compliance or market rules are at stake.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

BaFin-authorized Crypto-as-a-Service platform helps eligible European VASPs preserve customer relationships while integrating regulated custody, trading, transfer, onboarding, and wallet infrastructure

FRANKFURT, Germany--(BUSINESS WIRE)-- BitGo Europe GmbH (“BitGo Europe”), a subsidiary of BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today announced the availability of its MiCAR-compliant Crypto-as-a-Service (“CaaS”) infrastructure for eligible virtual asset service providers (“VASPs”), fintechs, and digital asset platforms navigating the transition from national crypto registration regimes to the European Union’s Markets in Crypto-Assets Regulation (“MiCAR”).

MiCAR has replaced fragmented national crypto registration regimes with a harmonized EU-wide authorization framework for crypto-asset service providers (“CASPs”). As legacy VASP regimes expire or transition to the new standard, businesses across the EEA are working to maintain customer continuity while meeting higher requirements for licensing, safeguarding, governance, onboarding, and operational resilience.

The transition is especially urgent for businesses with exposure to Poland and Lithuania, two markets that historically attracted crypto businesses under national VASP registration regimes. In Lithuania, the transition period for legacy VASPs ended on 31 December 2025 and in Poland, the domestic implementation path remains unresolved as the July 1, 2026 MiCAR transition deadline approaches.

BitGo Europe is authorized by Germany’s Federal Financial Supervisory Authority (“BaFin”) as a crypto-asset service provider under MiCAR and provides regulated crypto custody, transfer, and trading services in the European Union through its MiCAR licensing framework. Through CaaS, eligible businesses can embed BitGo Europe’s regulated services into their existing customer experience using modular APIs.

“MiCAR is raising the standard for digital asset businesses across Europe, and many VASPs now need a practical way to adapt without disrupting their customers,” said Jody Mettler, COO of BitGo and President of BitGo Bank & Trust, National Association. “BitGo Europe’s CaaS platform is designed to help eligible businesses move quickly to a regulated infrastructure model while preserving their brand, customer relationships, and core product experience.”

BitGo Europe’s CaaS platform is designed to support:

• MiCAR-regulated custody and wallet infrastructure with client asset segregation controls and institutional-grade security.
• Modular wallet APIs that allow businesses to maintain their own front-end experience while BitGo Europe provides regulated services underneath.
• Programmatic onboarding and KYC to support customer verification and re-verification under BitGo Europe’s compliance standards.
• Trading and settlement for supported digital assets through BitGo Europe’s BaFin-supervised trading authorization.
• SEPA on- and off-ramps for euro funding and withdrawals where available.
• Policy-controls and implementation support including permissions, transaction limits, approval workflows, technical support, and account management.
• Insurance for BitGo custodial wallets up to $250 million, subject to terms and conditions.

For crypto businesses that operated under expiring or expired VASP registration regimes in Poland, Lithuania, and other European markets, BitGo Europe’s CaaS offering provides an alternative to building a standalone regulated crypto operating stack from the ground up. Eligible businesses may also continue to evaluate or pursue their own CASP licenses in parallel while integrating BitGo Europe’s infrastructure.

“We believe Europe is moving toward a more unified and durable regulatory framework for digital assets,” said Mike Belshe, CEO and Co-founder of BitGo. “BitGo was built for moments like this, where security, regulation, and scalable technology need to come together. With BitGo Europe, we are giving businesses a way to meet the MiCAR standard while continuing to serve the market with confidence.”

BitGo Europe’s CaaS offering is available now for eligible businesses across the EEA. To learn more about BitGo Europe’s Crypto-as-a-Service infrastructure and MiCAR licensing framework, visit www.bitgo.com.

About BitGo

BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry's top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit www.bitgo.com.

Forward-Looking Statement

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

Risk Warning

Crypto-assets are highly volatile and subject to rapid price fluctuations. You could lose all the money you invest. Crypto-asset services are not covered by traditional consumer protection frameworks or financial deposit guarantee schemes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260617549314/en/

Media Contact
press@bitgo.com

Source: BitGo Holdings, Inc.