BitGo offers Europe’s crypto firms a MiCA-compliance lifeline as license deadline looms

Finance BitGo offers Europe’s crypto firms a MiCA-compliance lifeline as license deadline looms BaFin-regulated BitGo says its Crypto-as-a-Service platform can help eligible crypto players across Europe an alternative way to navigate MiCA. By Ian Allison | Edited by Omkar Godbole Jun 17, 2026, 6:34 a.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023 (Shutterstock/CoinDesk) Summary Show The final deadline for crypto firms to have transitioned to the MiCA regime is the end of this month. BitGo CEO Mike Belshi said firms that have done necessary KYC on clients can easily onboard them to MiCA-compliant sub-accounts inside of BitGo. As the deadline looms for crypto companies to obtain licenses in Europe, BitGo (BTGO) is offering firms an easier transition to Markets in Crypto Assets (MiCA) compliance, the listed technology firm said on Wednesday. BitGo Europe, which is authorized by the German regulator BaFin, says its Crypto-as-a-Service platform provides crypto players across Europe an alternative way to navigate MiCA, rather than the burden of building a standalone regulated crypto operating stack from the ground up, according to a press release. BitGo CEO Mike Belshi said that if a firm is running wallets and does not have a MiCA license, they can sign up with BitGo easily integrate their wallets into BitGo wallets, with the proviso that certain know-your-customer (KYC) work aligned with MiCA would have to be done. “All of your clients can be onboarded and have sub-accounts inside of BitGo,” Belshi said in an interview. “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. You can now go about your business.” Eligible businesses may also continue to evaluate or pursue their own MiCA-focused crypto asset service provider (CASP) licenses in parallel while integrating BitGo Europe’s infrastructure, BitGo said. The final deadline for crypto firms to have transitioned to the MiCA regime is the end of this month, a regulatory reckoning that will force some firms to close down their businesses. Industry estimates suggest that Europe had more than 3,000 registered crypto firms as of 2024, with Poland alone accounting for over 1,400 registrations. As of May 2026, there are 194 authorised CASPs (including credit institutions) and it is expected that around 75% of the pre-MiCA population will lose registration status as transitional periods expire, according to law firm Hogan Lovells. Belshi said firms don’t need to go bust because of MiCA's regulatory requirements, adding that regulators are aware of BitGo’s compliance-enhancing infrastructure offering. In terms of fees for the crypto compliance service, Belshi said it’s relatively cheap and varies product by product. “There's some amount of monthly minimum that you pay similar to what's always been there. That's a couple of $1,000 a month type of thing that can scale with volume,” he said. “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.” Regulation Latest Crypto News 1 Forget the price charts. Here's how bitcoin and S&P 500 look like when adjusted for the money printer 5 minutes ago 2 Crypto PAC's $12 million Senate candidate, Barry Moore, wins Alabama GOP primary 57 minutes ago 3 Live markets: A bitcoin bottom signal flashed as holders absorbed 125,000 BTC in June 1 hour ago 4 XRP gives back breakout gains, slipping below $1.23 on heavy selling 1 hour ago 5 Uniswap jumps 22% and altcoins rip while bitcoin stalls before the Fed 1 hour ago 6 Here is why Strategy's dividend-paying crypto stock is crashing to near-historic lows 8 hours ago 7 Bitcoin miners' AI pivot faces $50 billion reality check, says VanEck 9 hours ago 8 U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process 9 hours ago 9 Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends 10 hours ago 10 Coinbase intoduces AI advisor, stock options, and pre-IPO markets in finance push 11 hours ago Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Finance Coinbase intoduces AI advisor, stock options, and pre-IPO markets in finance push Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa Coinbase to join tokenized stock race with onchain shares, dividend payments