TechFlow News, June 17: According to CoinDesk, as the final deadline for Europe’s MiCA regulatory transition period—this month’s end—approaches, BitGo, a crypto custodian regulated by Germany’s BaFin, announced that its Crypto-as-a-Service (CaaS) platform offers European crypto firms a more streamlined path to MiCA compliance—without requiring them to build an independent compliance and operational infrastructure from scratch.
Enterprises need only integrate their existing wallets into BitGo’s wallet infrastructure and complete KYC procedures aligned with MiCA requirements; customer assets can then be held in compliant, segregated custody accounts. Meanwhile, enterprises may continue applying for their own CASP (Crypto-Asset Service Provider) licenses in parallel.
Regarding pricing, BitGo CEO Mike Belshe stated fees are relatively low, with a monthly minimum of several thousand U.S. dollars, and two billing models available: transaction-volume-based or flat-rate.
According to legal firm Hogan Lovells, as of May 2026, only 194 CASPs will have been authorized across Europe, and approximately 75% of pre-MiCA registered crypto enterprises are expected to lose their registration status after the transition period ends.
