BitGo obtains MiCA license in Germany, expanding in Europe

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Bitgo Receives MiCA License from BaFin

On May 14, according to Bitcoin.com, Bitgo announced that it had received a MiCA license from the Federal Financial Supervisory Authority of Germany (BaFin). This license allows Bitgo to provide regulated cryptocurrency services across the European Union (EU). Bitgo Europe GmbH has completed registration in several EU countries, including Italy, Spain, Poland, and Greece.

With the MiCA license, Bitgo can operate under a unified regulatory framework in the EU. This enhances Bitgo's ability to support cryptocurrency companies and traditional financial institutions.

The information is intended to provide market information and is not investment advice.

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