Bitget Makes Power Move: Secures Digital Asset License in Georgia Amid Crypto Boom
Crypto exchange Bitget just leveled up—Georgia’s financial regulators handed them the keys to operate legally. Another domino falls in crypto’s global land grab.
Why it matters: Georgia’s becoming a crypto hotspot, and Bitget’s license is a green light for institutional money. Cue the ‘regulated’ champagne popping—though let’s see if the compliance team survives the hangover.
The fine print: No numbers disclosed (classic), but the nod from Georgian authorities suggests Bitget’s playing the long game. Meanwhile, traditional banks are still figuring out how to spell ‘blockchain.’
Bottom line: Another exchange gets a passport to profit—while the SEC’s lawyers draft another lawsuit. Stay bullish, folks.