The Cryptocurrency Exchange Bitget is regulatory approved for operation in Georgia. The license allows the company to provide digital asset exchange and storage wallet services via the Tbilisi Free Zone (TFZ).
This move gives Bitget a regulated presence in Eastern Europe. The company is expanding locally and targets countries that have established cryptographic frameworks.
Gracy Chen, Source: LinkedIn
Georgia has become the focus of blockchain and cryptocurrency companies. We provide tax benefits and legal clarity through our free zone policy.
Authorities are also taking steps to meet international financial standards. The country ranks highly for per capita crypto mining activities and supports the adoption of blockchain technology.
Bitget’s licensing in Georgia reflects the growing importance of the region in the global digital asset market. Eastern European countries are increasingly shaping the direction of cryptographic development. Open regulations and economic reforms have made them attractive to a global platform.
TFZ provides a structure for businesses to operate with clear compliance rules. This will help digital asset companies enter the market without legal uncertainty.
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Bitget holds licenses in multiple jurisdictions
Bitget previously secured registrations in several other regions. These include status of virtual asset service providers in Australia, OAM in Italy, Poland, Bulgaria, Lithuania and Czech Republic. In the UK it functions under FCA authorization through Archax Ltdd. The company is also registered in El Salvador and Argentina.
Bitget CEO Gracy Chen commented on the approval, saying, “A region with a strong crypto-friendly framework creates the next financial foundation. Georgia is an example of how strategic policymaking opens doors for growth while protecting user safety and improving accessibility.”
