BitGo announces the provision of cryptocurrency services in the European Economic Area

Cryptocurrency custody service provider BitGo announced that it is offering "Crypto-as-a-Service" (CaaS) in the European Economic Area (EEA) through its European subsidiary, BitGo Europe GmbH. BitGo obtained the MiCA license issued by the German Federal Financial Supervisory Authority (BaFin) a year ago, and currently serves more than 2,000 clients in over 90 countries. BitGo CEO Mike Belshe stated that the expansion of the CaaS business will accelerate the market launch of cryptocurrency products while ensuring security and resilience.