Goldman Sachs-backed crypto custodian BitGo has obtained a MiCA license from Germany's BaFin, allowing it to operate across the EU. The license enables BitGo to serve crypto firms and traditional financial institutions with custody and digital asset services. The company established its EU headquarters in Frankfurt in 2023 and has expanded registrations in Italy, Spain, Poland, and Greece. BitGo's managing director emphasized the firm's commitment to security and compliance. Germany has become a key hub for MiCA licensing, with other firms like Bitpanda also receiving approvals.