BitGo has secured a major regulatory milestone, receiving dual authorization from Germany’s financial regulator BaFin. The company now holds both a MiCAR license and a PSD2/ZAG license for Electronic Money Token (EMT) payment services, positioning itself as a key partner for crypto businesses navigating Europe’s complex regulatory landscape.
MiCAR, the EU’s landmark framework for crypto-asset service providers (CASPs), sets the standard for compliance across the region. While the regulation represents a significant industry milestone, many CASPs still encounter challenges when managing E-Money Tokens. BitGo Europe’s dual authorization allows firms to leverage its licensed infrastructure, providing a compliant and secure foundation for handling EMT transactions, particularly in Germany.
The EU regulatory landscape has a new benchmark. 🇪🇺
BitGo Europe has officially secured dual authorization from BaFin, holding both MiCAR and a PSD2/ZAG license specifically for EMT payment services.
While MiCAR is a huge milestone for the industry, many CASPs still face… pic.twitter.com/zzO1rjmUcg
— BitGo (@BitGo) March 9, 2026
Supporting enterprise crypto adoption across Europe
The dual licenses enable BitGo Europe to serve as a regulatory partner for businesses seeking MiCAR compliance while offering payment solutions under PSD2/ZAG rules. This includes secure custody, programmatic onboarding, and processing of E-Money Token transactions, effectively bridging the gap for firms that lack direct regulatory approval.
BitGo Europe’s modular Crypto-as-a-Service (CaaS) infrastructure allows banks, fintechs, and other enterprises to embed crypto functionality directly into their platforms. Users can trade, hold, and transact digital assets while enterprises rely on BitGo’s regulatory framework and operational safeguards.
Driving crypto adoption across the EU
The addition of PSD2/ZAG coverage for EMT services strengthens BitGo’s ability to provide a full spectrum of compliant crypto services across the EU, supporting adoption without compromising on security or regulation.
BitGo’s move is a critical enabler for European crypto businesses, particularly those managing E-Money Tokens, as it removes regulatory friction and accelerates market entry. By combining MiCAR and PSD2/ZAG authorization, BitGo Europe sets a new benchmark for regulated crypto infrastructure in Europe, offering enterprises a secure, compliant, and scalable foundation to expand in the digital asset economy.
Meanwhile, BitGo has entered a strategic partnership with payments-focused blockchain network Tempo, joining its ecosystem as an official infrastructure partner as Tempo deepens its enterprise and financial institution adoption.
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