Bitget, a global cryptocurrency exchange, has announced the opening of a regional office in Lithuania. This move aims to strengthen the company's presence in the European Union in light of the new MiCA regulation.
Bitget's Expansion in the European Union
The establishment of the Lithuania office is part of Bitget's commitment to working within the EU's regulatory framework. The company plans to hire local compliance and operations personnel.
Commitment to Security and Regulatory Collaboration
Bitget’s Chief Legal Officer, Hon Ng, emphasized the importance of complying with EU regulatory standards and protecting user data. The exchange has obtained licenses in countries like Poland, Italy, and Australia, reinforcing its global compliance strategy.
Strengthening Global Presence
The platform is rapidly expanding, reaching over 45 million active users across 150+ countries. Bitget promotes crypto adoption through strategic partnerships, such as its collaboration with LALIGA.
The establishment of a regional hub in Lithuania highlights Bitget’s efforts to comply with new EU regulations and strengthen its position as a leader in the cryptocurrency sector.
