BitGo Offers MiCA Compliance Lifeline as Europe’s Crypto Deadline Nears

Key Takeaways: 

• BitGo is offering MiCA-compliant Crypto-as-a-Service for European firms.
• Companies can integrate wallets, onboard clients via sub-accounts, and maintain KYC compliance without building a full infrastructure.
• Up to 75% of pre-MiCA crypto firms risk losing registration as the deadline expires.
• Flexible pricing includes monthly minimums, transaction-based, or fixed-fee models.

As the European Union’s Markets in Crypto Assets (MiCA) regulatory deadline approaches at the end of this month, crypto firms across the continent are under pressure to secure the required licenses or risk losing their operating status. The sweeping regulatory shift is expected to reshape Europe’s digital asset industry, forcing companies to rapidly adapt to stricter compliance requirements. In an effort to provide an opportunity for companies, BitGo has offered companies the opportunity to integrate their crypto wallets into BitGo’s system to maintain MiCA certification. 

BitGo’s Compliance Infrastructure Solution

BitGo Europe, authorized by German regulator BaFin, is positioning its Crypto-as-a-Service platform as a practical alternative for firms struggling with compliance. Instead of building a full regulated crypto infrastructure, companies can integrate wallets into BitGo’s system, onboard clients through sub-accounts, and maintain MiCA-aligned KYC checks. CEO Mike Belshe noted that firms retain client relationships while benefiting from segregated, compliant custody solutions.

Industry Impact and Licensing Fallout

Industry data suggests more than 3,000 crypto firms were registered in Europe in 2024, but only 194 CASPs remain authorized as of May 2026. Law firm estimates indicate up to 75% of firms could lose registration once transitional periods expire. BitGo says its service allows companies to continue operations while evaluating their own licensing paths. Pricing is flexible, ranging from low monthly minimums to transaction-based or fixed-fee models depending on usage. The firm said regulators are aware of its infrastructure approach across Europe.