Ah, the delightful dance of regulation and innovation! BitGo, that darling of digital asset infrastructure, with a treasury more lavish than a dandy’s wardrobe, has secured an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin). 🕴️✨ How quaint! Now, it may frolic in the European markets, offering custody, staking, transfer, and trading services-a veritable smorgasbord of crypto delights for the discerning investor.
Its local subsidiary, BitGo Europe, shall now prance about like a peacock, flaunting its ability to cater to institutional clients with an over-the-counter (OTC) trading desk and multiple liquidity venues. 🦚💰 Oh, the opulence! This extension, my dear reader, builds upon BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, a trinket acquired in May 2025, which allowed it to mingle with traditional institutions and crypto natives alike in the European Union.
Statista, that oracle of numbers, predicts cryptocurrency revenue in Europe will reach a staggering $26 billion this year, with Germany leading the charge. 🇩🇪💸 Tailwinds, you say? Oh, merely the gentle breezes of supportive regulatory frameworks like MiCA, the flirtatious intermingling of crypto and traditional finance, and deals that promise consolidation. How utterly charming!
Institutional Interest: The New Black
Institutional interest in crypto, once the wallflower of the financial ball, has blossomed into the belle of the ball. 🌹 As infrastructure improves and crypto exchange-traded products (ETPs) emerge, credibility waltzes in, arm in arm with regulation. Europe and the United Arab Emirates have already penned their invitations, while the United States ponders its RSVP.
Among Wednesday’s movers and shakers, Bullish, a crypto exchange with a penchant for institutions, has secured its BitLicense and Money Transmission License from New York. 🗽 Meanwhile, Standard Chartered’s venture capital arm plans to launch a $250 million digital asset fund in 2026-because why not add a dash of extravagance to the mix? Annabelle Huang, co-founder of Altius Labs, quips to CryptoMoon that fintech companies like Robinhood and Stripe are building their own blockchains. The next wave, she says, is upon us. 🌊
In this theater of finance, where regulation and innovation waltz in perfect harmony, one cannot help but marvel at the spectacle. BitGo’s triumph is but a single act in this grand opera. Bravo, dear BitGo! Encore, encore! 🎭🎉
Read More
- 39th Developer Notes: 2.5th Anniversary Update
- Shocking Split! Electric Coin Company Leaves Zcash Over Governance Row! 😲
- Celebs Slammed For Hyping Diversity While Casting Only Light-Skinned Leads
- Quentin Tarantino Reveals the Monty Python Scene That Made Him Sick
- TV Shows With International Remakes
- All the Movies Coming to Paramount+ in January 2026
- Game of Thrones author George R. R. Martin’s starting point for Elden Ring evolved so drastically that Hidetaka Miyazaki reckons he’d be surprised how the open-world RPG turned out
- Gold Rate Forecast
- Here Are the Best TV Shows to Stream this Weekend on Hulu, Including ‘Fire Force’
- The Worst Black A-List Hollywood Actors
2025-09-18 01:20