Bitget Secures Regulatory Approval for Digital Services in Georgia – Coincu

Bitget, a prominent global cryptocurrency exchange, has secured official approval from the Georgian government to offer digital asset trading and custody wallet services in the Tbilisi Free Zone as of June 19, 2025. This regulatory nod furthers Bitget’s mission to enhance its global compliance framework.

The move marks a strategic expansion into Georgia, joining Bitget’s existing compliance presence in markets such as the UK, Australia, Italy, and Poland. Bitget CEO Gracy Chen emphasized the importance of compliance and user safety in this regulatory effort, stating that such initiatives align with their goal of a Web3 future. “We’re building for a Web3 future where security isn’t something users hope for—it’s something they’re part of…protecting users isn’t just a technical mandate, it’s a shared mission.”—Gracy Chen, CEO of Bitget

Bitget Gains Authorization for Cryptocurrency Services in Georgia

Bitget’s entry into the Georgian market follows a series of compliance layouts in various regions. The approval permits Bitget to provide its trading and custody services in Georgia. This expansion is part of the company’s strategy to increase legitimacy and build user trust through regional licenses.

The approval facilitates local access to Bitget’s core trading pairs, notably BTC, ETH, and other supported altcoins. This provides Georgian users with secure digital trading options reflective of Bitget’s broader compliance principles.

Leadership attention remains on building trust through legal transparency. While there are no immediate market-moving effects tied to this Georgian license, Bitget continues to focus on user protection, as previously highlighted by CEO Gracy Chen.

Market Expansion Brings Enhanced Trading Options for Georgia

Did you know? Bitget’s expansion into Georgia continues an ongoing strategy of establishing compliance footholds in emerging markets, reinforcing their commitment to trusted digital trading ecosystems globally.

According to the latest data, Bitcoin (BTC) trades at $105,023.86 with a market cap of $2.09 trillion. BTC holds a market dominance of 64.04%, with minor recent fluctuations recorded. Over 19.88 million BTC are in circulation, with a maximum supply of 21 million, based on information from CoinMarketCap as of June 19, 2025.

Insights from the Coincu research team suggest that the initiative will strengthen Bitget’s market positioning, fostering a competitive landscape for digital assets in Georgia. Bitget’s expansion strategy emphasizes both technological innovation and robust regulatory compliance in emerging markets.