BitGo offers MiCA compliance lifeline to EU crypto firms as license deadline looms

Eligible businesses may also continue to evaluate or pursue their own MiCA-focused crypto asset service provider (CASP) licenses in parallel while integrating BitGo Europe’s infrastructure, BitGo said.

The final deadline for crypto firms to have transitioned to the MiCA regime is the end of this month, a regulatory reckoning that will force some firms to close down their businesses.

Industry estimates suggest that Europe had more than 3,000 registered crypto firms as of 2024, with Poland alone accounting for over 1,400 registrations. As of May 2026, there are 194 authorised CASPs (including credit institutions) and it is expected that around 75% of the pre-MiCA population will lose registration status as transitional periods expire, according to law firm Hogan Lovells.

Belshi said firms don’t need to go bust because of MiCA’s regulatory requirements, adding that regulators are aware of BitGo’s compliance-enhancing infrastructure offering. In terms of fees for the crypto compliance service, Belshi said it’s relatively cheap and varies product by product.

“There’s some amount of monthly minimum that you pay similar to what’s always been there. That’s a couple of $1,000 a month type of thing that can scale with volume,” he said. “Then clients can either go to variable-based plans, where they’re paying per transaction more, or they can use static-based plans, where they have kind of a fixed fee, and they pay less.”