Bitget Secures Operational License in Georgia, Strengthening Its Eastern Expansion

Bitget has officially obtained an operational license in Georgia, marking a significant milestone in its strategic expansion across Eastern markets. The license, issued by the local government, grants Bitget the status of a Virtual Asset Service Provider (VASP), allowing the platform to legally offer a wide range of digital asset services in the country.

With this regulatory approval, Bitget can now provide services including digital asset trading, wallet functionality, and blockchain-based payment solutions to users in Georgia.

This move is part of Bitget’s broader strategy to strengthen its presence in key emerging markets

Georgia, often overlooked on the global crypto stage, holds substantial geopolitical importance. Located at the intersection of Eastern Europe, Russia, the Middle East, and Central Asia, it represents a strategic hub for digital finance expansion. For Bitget, Georgia serves not only as a new market but also as a vital logistical base for regional operations.

Several factors contribute to Georgia’s growing appeal to crypto companies. The country offers a favorable tax environment, especially attractive to tech firms. Its blockchain-friendly policies provide clear yet flexible regulations, making it easier for crypto businesses to establish themselves without the regulatory burdens found in more restrictive jurisdictions. Additionally, Georgia boasts a youthful and tech-savvy population, with a median age of 38—ideal for widespread crypto adoption.

Bitget CEO Gracy Chen emphasized the importance of this development, stating: “Regions with strong, cryptocurrency-friendly frameworks are laying the foundation for the next financial era. Georgia illustrates how strategic policy can pave the way for growth while maintaining user security and improving accessibility.”

Bitget’s expansion into Georgia aligns with its long-term vision to lead in emerging markets. The platform is strategically investing in “bridge markets” like Tbilisi and Warsaw, recognizing that the future of cryptocurrency is not confined to traditional financial centers such as London, New York, or Tokyo.

This approach is not new for Bitget. In 2023, the company expanded into Estonia and Poland—regions known for their crypto-friendly environments. These moves reflect Bitget’s focus on entering markets with high growth potential and progressive regulatory frameworks.

Beyond regulatory expansion, Bitget’s broad offering includes decentralized and automated trading services, copy-trading, and a secure crypto wallet. The platform is also active in crypto education, helping to cultivate the next generation of blockchain professionals. Through initiatives like sponsoring the University of Zurich’s “Blockchain4Youth” program, Bitget continues to build a strong global presence grounded in both innovation and education.

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(Featured image by mostafa meraji via Unsplash)

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First published in Actu FINANCE. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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