TechFlow reported on June 17, citing CoinDesk, that the final deadline for Europe’s MiCA regulatory transition period is approaching at the end of this month. BitGo, which is regulated by Germany’s BaFin, announced that its Crypto-as-a-Service platform can provide European crypto companies with a more direct route toward MiCA compliance. The company framed the service as a way for firms to connect to a compliant operating structure without having to build a full independent compliance system from the ground up.
Under the process described in the report, a company would connect its existing wallet setup to BitGo’s wallet system and complete KYC work that meets MiCA requirements. Once those steps are completed, customer assets can be held in compliant segregated custody accounts. This custody structure is a central part of the offering, as BitGo is presenting it as a practical route for firms facing the transition-period deadline.
The arrangement does not require companies to stop pursuing their own licensing process. According to the report, firms using BitGo’s platform can continue applying for their own CASP license in parallel. In other words, BitGo’s service is positioned as an operational compliance path while a company’s own authorization process can continue separately.
On pricing, BitGo CEO Mike Belshe said the service is relatively low-cost, with a minimum monthly fee of roughly several thousand dollars. The company offers two pricing structures: a transaction-volume-based model and a fixed-rate model. These options give firms different ways to align the cost of the service with their own business activity.
The report also cited an estimate from the law firm Hogan Lovells on the current state of CASP authorization in Europe. As of May 2026, only 194 CASPs had received authorization across Europe. Hogan Lovells also estimated that about 75% of crypto companies registered before MiCA will lose their registration status after the transition period ends. Against that backdrop, BitGo is presenting its Crypto-as-a-Service platform as a compliance “lifeline” for European crypto firms facing the end-of-month deadline.