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Georgia’s Tbilisi Free Zone Welcomes Bitget as Region Pushes Regulated Crypto Growth
- Cryptocurrency exchange Bitget has received regulatory approval to operate in Georgia's Tbilisi Free Zone, allowing the company to offer digital asset exchange and custodial wallet services.
- Georgia has become a focus for blockchain and cryptocurrency firms due to tax benefits, legal clarity, and alignment with international financial standards, ranking high in crypto mining activity per capita.
- Bitget's licensing in Georgia reflects the region's growing importance in the global digital asset market, with Eastern European countries shaping crypto development.
- The Tbilisi Free Zone provides a clear compliance structure for companies, facilitating market entry for digital asset firms.
- Bitget holds licenses in multiple jurisdictions, including Australia, Italy, Poland, Bulgaria, Lithuania, Czech Republic, the UK, El Salvador, and Argentina, operating under various authorizations and registrations.
- Bitget's CEO, Gracy Chen, highlighted the importance of crypto-friendly frameworks in regions like Georgia, enabling growth while ensuring user safety and enhancing accessibility.
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