BitGo receives approval from Germany’s BaFIN to offer regulated cryptocurrency trading in Europe

Digital asset infrastructure company BitGo recently received a renewal of its license from Germany's Federal Financial Supervisory Authority (BaFin), enabling it to offer cryptocurrency services to European investors. The company stated that its local subsidiary, BitGo Europe, now offers custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity trading venues.