Bitget Expands Regulatory Reach with Digital Asset License in Georgia
Bitget has successfully secured a digital asset license in Georgia through the Tbilisi Free Zone, marking a significant step in its expansion across Eastern Europe. This license allows Bitget to operate as a digital asset exchange and provide custodial wallet services, further solidifying its presence in crypto-friendly jurisdictions. Georgia's progressive blockchain policies and business-friendly environment have made it an attractive hub for cryptocurrency innovation, aligning perfectly with Bitget's strategic growth objectives. This development highlights Bitget's commitment to compliance and its efforts to establish a robust regulatory footprint in key markets.
Bitget Secures Digital Asset License in Georgia via Tbilisi Free Zone
Bitget has expanded its regulatory footprint in Eastern Europe with a newly acquired license to operate digital asset exchange and custodial wallet services in Georgia. The approval, granted through the Tbilisi Free Zone, underscores the exchange's strategic push into crypto-friendly jurisdictions.
Georgia's pro-business climate and progressive stance on blockchain have positioned it as a regional hub for crypto innovation. The country ranks among global leaders in per-capita Bitcoin mining and has actively aligned its policies with international financial standards while fostering digital asset adoption.
"Strategic frameworks like Georgia's demonstrate how regulation can catalyze growth without compromising user protection," said Bitget CEO Gracy Chen. The Tbilisi Free Zone's tax incentives and tailored regulatory structures have attracted multiple blockchain firms seeking compliant regional operations.
RaveDAO Turns Nightlife Into On-Chain Governance Movement
RaveDAO is rewriting Web3's cultural playbook by fusing electronic music events with blockchain governance. The collective has partnered with BNB Chain, Polygon, and Bitget to transform dancefloors into decentralized coordination mechanisms, attracting 30,000 participants across Asia and the Middle East within a year.
"Music isn't a gimmick—it's our language," says Core contributor Ronald Yung. The project's Istanbul DevCon afterparty in November 2023 sparked a movement that now draws 3,000+ attendees per event, blending philanthropy with club culture through on-chain mechanics.
At Token2049 Dubai, RaveDAO's offsite events overshadowed conference programming, demonstrating crypto's growing cultural capital. The model turns emotional resonance into governance participation, proving memetic energy can drive serious blockchain adoption.