Bitget, a crypto trading platform, has finished the procedure for registering its crypto services in Lithuania.
The registration with the Lithuanian government, a quickly growing digital asset market in Europe, will expand Bitget’s international presence.
Lithuania is a well-known safe haven for cryptocurrency and blockchain projects. And is one of the first countries in the EU to create laws around crypto.
This setting makes the country an attractive spot for cryptocurrency fans and a preferred spot for businesses looking to set up legal entities for crypto-related activities.
The managing director of the Bitget exchange, Gracy Chen, said:
At Bitget, we always embrace and follow the various regulatory frameworks set forth for digital assets and actively cooperate with governmental bodies to bring upon a better ecosystem. The global regulation of digital assets is advancing on a daily basis, and we actively observe the regulatory changes around the globe. We have a whole dedicated compliance team in place to focus on various regulatory compliance matters.
Read more: Coincheck Adds Chiliz and Chainlink | Brokers Times
