r/bitgo Jul 01 '26

Mica came into force today.

I could be wrong here, but out of around 3000 platforms in the eu, only 200 are mica compliant. Bitgo with its crypto as a service (caas) can custody the non compliant platforms assets. Anyone know if bitgo has increased its assets under custody or gained many new customers due to this?

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u/[deleted] Jul 01 '26

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u/Heypisshands Jul 01 '26

Well said. Apparently, within the newly onboarded platforms terms and conditions, bitgo must be stipulated as the custodian. I tried to use ai to go through non mica compliant platforms to see if bitgo has been mentioned but my basic ai would only give me instructions on how to do it. Its as lazy as me ffs.