Bitget Secures Digital Asset License In Georgia, Running Its Global Expansion Strategy In Eastern Europe

VICTORIA, Seychelles, June 20 (Bernama) -- Bitget, the leading cryptocurrency exchange and Web3 company, has secured regulatory approval in Georgia to operate as a provider of digital asset exchange and custodial wallet services through the Tbilisi Free Zone (TFZ). The new licensing development is a strategic expansion aligned with Bitget’s plans of growing its licensing portfolio in Eastern Europe, a region increasingly dictating the growth of crypto through open regulatory frameworks and progressive economic outlooks.

Georgia has emerged as a notable hub for crypto innovation, drawing attention with its pro-business stance and supportive environment for crypto and blockchain companies. Ranked among the top countries for crypto mining per capita and blockchain integration, Georgia has actively pursued policies to align with global financial standards while embracing the strong potential of emerging cryptospace. The Tbilisi Free Zone offers tax advantages and has set frameworks and procedures for companies in the digital asset space, making it a hotbed for international players seeking operational flexibility with regulatory clarity.