BitGo gains MiCA edge with BaFin license as Binance faces Greece hurdles ahead of July 1

With the July 1 MiCA deadline approaching, crypto-asset service providers in the European Union must hold a full license to keep operating. BitGo is positioned to benefit after securing authorization via Germany’s BaFin in May 2025. Binance, meanwhile, may face difficulties getting its MiCA application approved in Greece, according to Reuters.