Bitget Expands European Presence with Georgia License
Bitget, a leading cryptocurrency exchange platform, has obtained regulatory approval to operate in Georgia under the Tbilisi Free Zone (TFZ). This strategic move strengthens Bitget’s position in Eastern Europe, capitalizing on Georgia’s transparent regulatory environment, favorable tax policies, and expanding cryptocurrency user base. Georgian users now have access to Bitget’s comprehensive services, including spot trading, futures contracts, and copy trading features, all within a fully regulated framework.
Georgia’s Progressive Crypto Ecosystem
Georgia has emerged as an attractive destination for cryptocurrency businesses due to its supportive regulatory approach. The Georgian Innovation and Technology Agency (GITA) actively promotes blockchain development through grants and incentives. “Georgia offers exceptional regulatory clarity and demonstrates strong user adoption, positioning it as a strategic market for our expansion,” commented Gracy Chen, Bitget’s CEO.
Bitget Wallet Introduces QR-Based Crypto Payments in Vietnam
Complementing its European expansion, Bitget Wallet has launched QR code payment functionality in Vietnam. This innovation enables transactions using major stablecoins like USDT and USDC through the national VietQR standard. “Vietnamese users can now conveniently utilize cryptocurrency for daily purchases by simply scanning QR codes,” explained Jamie Elkaleh, Bitget Wallet’s Chief Marketing Officer.
Vietnam’s Evolving Digital Asset Regulations
Vietnam’s National Assembly recently passed the Law on Digital Technology Industry, scheduled to take effect in 2026. This legislation formally recognizes cryptocurrency assets and establishes regulatory standards aligned with international practices, creating a foundation for sustainable sector growth.
- Bitget’s Georgia license enhances its European market access
- Vietnam QR payment solution expands global cryptocurrency utility
- Both markets demonstrate progressive regulatory approaches to digital assets
