Bitget Expands in Eastern Europe, Secures Georgia License

Bitget Expands in Eastern Europe, Secures Georgia License

Key Points

  • Bitget obtained regulatory approval in Georgia to operate as a crypto exchange and custodial wallet provider.
  • Also, Bitget Wallet launched QR crypto payments in Vietnam.

According to the latest reports, Bitget secured its expansion in Eastern Europe with a new Georgia license. This move is part of the crypto exchange’s broader efforts to expand globally and offer its crypto services to more customers around the world, supporting mainstream crypto adoption.

Bitget Expands Crypto Services in Georgia

The crypto exchange reportedly chose Georgia to continue its expansion in Eastern Europe, being attracted by the region’s:

  • Clear regulations
  • Tax benefits
  • Growing crypto user base

The Georgian Government is actively engaging with businesses that are supporting the crypto industry with clear laws and offers grants to blockchain and crypto firms via the Georgian Innovation and Technology Agency (GITA).

Bitget’s CEO, Gracy Chen, said that as Europe is moving towards the MiCA implementation, Georgia is standing out as a key market that offers regulatory clarity, tax advantages, and increasing user adoption.

With this latest move, Bitget obtained regulatory approval to operate as a crypto exchange and custodial wallet provider within the Tbilisi Free Zone (TFZ).

Users in Georgia will be able to access Bitget’s services, including spot, futures, and copy trading, in a fully compliant and regulated environment, also benefiting from top security measures, including PoR and a protection fund provided by the crypto exchange.

Eastern Europe is a region that has shown a growing focus on crypto adoption via clearer regulation and supporting policies for the industry.

Bitget Wallet Launched QR Crypto Payments in Vietnam

As part of its wider efforts for global expansion, mirrored by the PayFi initiative, Bitget Wallet introduced national QR payment support, and Vietnam is the first market where the service will go live.

This new feature will allow users to:

  • Make crypto payments via VietQR, which is Vietnam’s national QR standard
  • Pay with stablecoins including USDT and USDC, supporting multiple blockchains including Ethereum, Tron, Solana, Base, TON, and BNB Chain

Future updates will bring the auto-swap functionality, allowing payments with any tokens without requiring manual conversion.

The CMO at Bitget Wallet, Jamie Elkaleh, said that Vietnam users have already used the crypto product to pay with stablecoins for food, groceries, and retail items via VietQR code scanning.

Now, in a collaboration with AEON crypto payment framework, Bitget Wallet enables stablecoin payments via more than 55 banks and payment institutions, offering services to over 2 million merchants.

Bitget’s Latest Moves Supporting Crypto and Blockchain Adoption

Other remarkable moves made by Bitget to support the crypto ecosystem worldwide include:
  • The launch of its 2nd year of anti-scam month campaign to fight growing cyber fraud (June 2025)
  • Joining the UNICEF Game Changers Coalition to offer blockchain education to over 300,000 people in 2025

 

Read the original article on coinmarketcap.com

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