BaFin-authorized Crypto-as-a-Service platform helps eligible European VASPs preserve customer relationships while integrating regulated custody, trading, transfer, onboarding, and wallet infrastructure
BitGo Europe GmbH (“BitGo Europe”), a subsidiary of BitGo Holdings, Inc. (“BitGo”), the digital asset infrastructure company, 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”).
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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.”
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