PANews reported on June 17th that, according to CoinDesk, as the MiCA compliance deadline approaches, BitGo is offering compliance transition solutions to European crypto companies. BitGo Europe, authorized by Germany's BaFin, can help European crypto companies transition to the MiCA compliance framework through its crypto-as-a-service platform, eliminating the need to build independent compliant operating systems from scratch. BitGo's CEO stated that companies without a MiCA license can integrate customers through the BitGo wallet. Customers have independent sub-accounts within BitGo that comply with MiCA requirements, and the company retains customer relationships and support services.

Eligible companies can continue to evaluate or apply for their own MiCA licenses while integrating BitGo's infrastructure. Industry data shows that over 3,000 crypto companies registered in Europe in 2024, but only 194 were authorized by May 2026, with an estimated 75% of companies losing their registration eligibility after the transition period ends. BitGo states that its compliance services are relatively inexpensive, starting at several thousand dollars per month, and can be billed on a pay-as-you-go or flat-rate basis.