Bitget Expands into Eastern Europe with Regulatory License in Georgia
Cryptocurrency exchange Bitget has secured a regulatory license to operate in Georgia through the Tbilisi Free Zone (TFZ), marking a significant expansion into Eastern Europe. This approval allows Bitget to provide digital asset exchange and custodial wallet services, taking advantage of Georgia's progressive crypto policies and favorable tax environment. The move highlights Georgia's growing reputation as a hub for blockchain innovation and underscores Bitget's strategic push into new markets. This development is expected to enhance Bitget's presence in the region and attract more users to its platform, leveraging the country's supportive regulatory framework.
Bitget Secures Regulatory License in Georgia, Expanding Eastern European Presence
Cryptocurrency exchange Bitget has obtained regulatory approval to operate in Georgia through the Tbilisi Free Zone (TFZ), marking a strategic push into Eastern Europe. The license permits Bitget to offer digital asset exchange and custodial wallet services, leveraging Georgia's progressive crypto policies and favorable tax environment.
Georgia's emergence as a hub for blockchain innovation is underscored by its leadership in crypto mining per capita and its appeal to international firms. The TFZ, in particular, has become a magnet for companies seeking compliant yet flexible operational frameworks.
Bitget CEO Gracy Chen highlighted the MOVE as part of a broader strategy to align with jurisdictions embracing crypto's long-term potential. "Regions with strong crypto-friendly frameworks are creating the foundation for the next era of finance," she said, citing Georgia as a model for strategic policymaking.
Bitget Secures Regulatory Approval in Georgia to Expand Digital Asset Services
Bitget has obtained official authorization to operate within Georgia's Tbilisi Free Industrial Zone (TFZ), marking a strategic leap in its global compliance framework. The approval enables the exchange to offer digital asset trading and custodial wallet services, leveraging Georgia's innovation-friendly regulatory environment.
The move positions Bitget at the crossroads of Eurasia, reinforcing its commitment to proactive compliance while tapping into emerging cryptocurrency markets. Georgia's regulatory framework serves as a springboard for regional expansion, aligning with Bitget's broader strategy to establish secure, compliant operations worldwide.
This milestone underscores the exchange's accelerating regulatory licensing push, mirroring the industry's shift toward institutional-grade infrastructure. Bitget's foothold in TFZ exemplifies the growing convergence between digital asset platforms and forward-thinking jurisdictions.