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Key Takeaways
- BitGo is offering European crypto firms a route to MiCA compliance ahead of the July 1 deadline.
- Its Crypto-as-a-Service model lets firms “rent” regulated infrastructure instead of building it.
- Clients onboard into segregated, MiCA-compliant storage while keeping their own customer relationships.
With the deadline for European crypto firms to obtain licenses days away, BitGo is positioning its Crypto-as-a-Service platform as a compliance lifeline for companies that have not secured their own authorization. The pitch is straightforward, but the more interesting point is what it reveals about where the crypto industry is heading: the thing being sold here is not really technology at all.
What BitGo Is Actually Offering
The mechanics are simple enough. BitGo Europe, authorized by Germany’s financial regulator BaFin under MiCA, lets other crypto firms plug their operations into BitGo’s already-regulated stack rather than build a compliant operation fr...
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