
BitGo said eligible businesses can continue to evaluate or pursue their own MiCA-focused crypto asset service provider (CASP) license in parallel while integrating BitGo Europe’s infrastructure.
The deadline for crypto companies to transition to the MiCA regime is at the end of this month, a regulatory reckoning that will force some companies to close their businesses.
Industry projections suggest there could be more than 3,000 registered crypto firms in Europe by 2024, with more than 1,400 registrations in Poland alone. As of May 2026, there are 194 authorized CASPs (including credit institutions) and it is expected that approximately 75% of the pre-MICA population will lose registration status when the transitional period ends, according to law firm Hogan Lovells.
Belshe said that while companies won’t have to go bankrupt due to MiCA’s regulatory requirements, regulators are aware of BitGo’s compliance-enhancing infrastructure offering. In terms of fees for the crypto compliance service, Belshe said it is relatively inexpensive and varies from product to product.
“There’s some monthly minimum amount that you pay as usual. It’s something like $1,000 a month that can increase with volume,” he said. “Then customers can either go to variable-based plans, where they’re paying more per transaction, or they can use static-based plans, where they have a fixed fee, and they pay less.”
