BitGo receives an extension of its license from BaFin, allowing it to offer crypto services to European investors. BitGo Europe can now provide custody, staking, transfer, and trading services, including an OTC trading desk and multiple liquidity venues. The company’s MiCA license was expanded to include trading services in addition to existing offerings. Source: Bitgo

Statista projects cryptocurrency revenue in Europe to hit $26 billion this year, with Germany leading adoption. Market growth is driven by supportive regulations like MiCA, increased collaboration between crypto and traditional finance, and potential consolidation deals. BitGo recently supported Central Asia’s first spot Bitcoin ETF in Kazakhstan.

Institutional interest in crypto is rising due to improved infrastructure and the emergence of crypto ETPs. Regulatory developments in Europe, the UAE, and the US are shaping the market. Bullish, a crypto exchange catering to institutions, secured licenses for a US launch, while Standard Chartered’s VC arm plans a $250 million digital asset fund in 2026. Altius Labs co-founder sees ongoing institutional adoption as fintech companies develop their blockchains.

Read more at Cointelegraph: BitGo Secures MiCA License Extension, Can Offer Trading in Europe