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BitGo expands MiCA-compliant crypto-as-a-service across EEA

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 79 Views

BitGo expands MiCA-compliant crypto-as-a-service across EEA

The rollout enables banks and fintechs in 30 European markets to embed licensed custody, payments on- and off-ramps and trading through API-based infrastructure.

BitGo Europe GmbH has launched its crypto-as-a-service offering across the European Economic Area, enabling fintechs and banks to integrate regulated crypto custody, trading and fiat on- and off-ramps under the EU’s Markets in Crypto-Assets (MiCA) framework.

According to Tuesday’s announcement, the expansion makes BitGo’s API-based infrastructure available in all 30 EEA countries, allowing institutions to embed wallet, onboarding and settlement services directly into their platforms. The service includes multi-asset wallets and Single Euro Payments Area (SEPA) fiat rails.

BitGo said custodial wallets are insured up to $250 million, subject to terms, and include configurable policy controls and 24/7 operational support. The platform supports buying, selling and holding Bitcoin (BTC) and other supported digital assets within a partner’s existing interface, with settlement handled through BitGo’s infrastructure.

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