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Bitgo Europe Gives Crypto Firms a MiCAR-Compliant Alternative Before July Deadline

By bitcoin.com
Jun 17, 2026
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Key Takeaways:

Bitgo Europe, authorized by BaFin under MiCAR, launched a CaaS platform for EU VASPs on June 17.Poland faces a July 1, 2026, MiCAR deadline as Lithuania’s legacy VASP regime expired Dec. 31, 2025.Bitgo Europe’s custody insurance covers up to $250 million, subject to terms and conditions.
MiCAR Is Replacing the Old System

Two markets sit at the center of the pressure. Lithuania’s transition period for legacy VASPs ended Dec. 31, 2025. Poland’s domestic implementation path remains unresolved as a July 1, 2026, MiCAR transition deadline approaches.

What Bitgo Europe Is Offering The CaaS platform delivers: MiCAR-regulated custody and wallet infrastructure with client asset segregation Modular wallet APIs that let businesses keep their existing front-end experience Programmatic onboarding and KYC under Bitgo Europe’s compliance standards Trading and settlement through Bitgo Europe’s BaFin-supervised trading authorization SEPA on- and off-ramps for euro funding and withdrawals, where available Custodial wallet insurance coverage up to $250 million, subject to terms and conditions The Business Case

For firms that operated under expiring or expired VASP registration regimes, the alternative to a solution like Bitgo Europe’s CaaS is building a standalone regulated operating stack from the ground up, a costly and time-consuming process that most smaller businesses are not positioned to complete before regulatory deadlines hit.

Jody Mettler, COO of Bitgo and President of Bitgo Bank and Trust, National Association, said the platform is designed to help eligible businesses move to a regulated infrastructure model without disrupting customers or abandoning existing product experiences.

“MiCAR is raising the standard for digital asset businesses across Europe, and many VASPs now need a practical way to adapt without disrupting their customers,” Mettler said.

Mike Belshe, CEO and co-founder of Bitgo, pointed to the broader direction, stating:

“Bitgo was built for moments like this, where security, regulation, and scalable technology need to come together.”

Parallel Licensing Remains an Option

Bitgo Europe noted that eligible businesses can also continue evaluating or pursuing their own CASP licenses in parallel while using its infrastructure, leaving the long-term ownership path open.

Bitgo Europe’s CaaS offering is available now for eligible businesses across the EEA.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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