Georgia’s Tbilisi Free Zone Welcomes Bitget as Region Pushes Regulated Crypto Growth

Cryptocurrency exchange Bitget has received regulatory
approval to operate in Georgia. The license allows the company to offer digital
asset exchange and custodial wallet services through the Tbilisi Free Zone
(TFZ).

The move gives Bitget a regulated presence in Eastern
Europe. The company has been expanding in the region, targeting countries with
established crypto frameworks.

Georgia’s TFZ Attracts Crypto Firms

Georgia has become a focus for blockchain and cryptocurrency
firms. It offers tax benefits and legal clarity through its free zone policies.

Authorities have also taken steps to align with international financial
standards. The country ranks high in crypto mining activity per capita and has
supported blockchain technology adoption.

Bitget’s licensing in Georgia reflects the growing
importance of the region in the global digital asset market. Countries in
Eastern Europe are increasingly shaping the direction of crypto development.
Open regulations and economic reforms have made them appealing to global
platforms.

The TFZ provides a structure for companies to operate with
clear compliance rules. This helps digital asset firms enter the market without
legal uncertainty.

You may find it interesting at FinanceMagnates.com: Bulgaria
Emerges Over Lithuania as Bitget’s Compliance Hub in MiCA Preparations.

Bitget Holds Licenses in Multiple Jurisdictions

Bitget has previously secured registration in several other
regions. These include Australia’s AUSTRAC, Italy’s OAM, and Virtual Asset
Service Provider status in Poland, Bulgaria, Lithuania, and the Czech Republic.
In the United Kingdom, it works under FCA authorization through Archax Ltd. The
company is also registered in El Salvador and Argentina.

Gracy Chen, CEO of Bitget, commented on the latest approval,
saying: “Regions with strong crypto-friendly frameworks are creating the
foundation for the next era of finance. Georgia is an example of how strategic
policymaking can open doors for growth while guarding users’ safety and
increasing accessibility.”

This article was written by Tareq Sikder at www.financemagnates.com.