#bitgo Tech News.
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The latest bitgo news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks bitgo across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
BitGo shares jumped 20% after the company authorized a $50 million share repurchase program, about 8% of outstanding shares. The stock remains 65% below its January IPO price of $18, trading near $6.07. BitGo is positioning itself to benefit from Europe's crypto licensing deadline.
BitGo launched a MiCA-compliant crypto-as-a-service platform in Europe, allowing exchanges to plug into regulated custody, trading, and wallet systems via APIs. The launch comes as the EU's July 1 MiCA deadline approaches and reports suggest Greek regulators may reject Binance's license application.
BitGo is offering European crypto firms a way to meet the MiCA compliance deadline at the end of this month. BitGo Europe, authorized by German regulator BaFin, lets firms onboard clients into MiCA-compliant sub-accounts without building their own regulated stack. CEO Mike Belshi said firms with proper KYC can integrate wallets into BitGo.
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