BitGo, a BaFin-regulated crypto custodian, announced on Wednesday that its Crypto-as-a-Service platform can help eligible European crypto firms transition to the Markets in Crypto Assets (MiCA) regime before the end-of-month deadline. Instead of building a standalone regulated infrastructure, firms can integrate their existing wallets into BitGo's compliant system, provided they conduct necessary KYC. CEO Mike Belshe explained that clients can be onboarded into sub-accounts within BitGo, maintaining their customer relationships while benefiting from MiCA-compliant segregated storage. The final deadline for firms to obtain MiCA licenses is June 30, 2026, and industry estimates suggest over 75% of pre-MiCA registered firms may lose their status. BitGo's service includes flexible fee plans, with monthly minimums around a few thousand dollars. This offering aims to prevent firms from shutting down due to regulatory burdens.

Key facts

• BitGo's BaFin-regulated platform enables MiCA transition without building standalone infrastructure.
• Firms onboard clients into MiCA-compliant sub-accounts within BitGo.
• Final MiCA deadline is June 30, 2026; over 75% of pre-MiCA firms may lose registration.
• Monthly fees start at a few thousand dollars with variable or fixed plans.