Bitget, a global cryptocurrency exchange, and Web3 company, is opening a regional office in Lithuania to strengthen its presence in the European Union. This move aligns with the upcoming Markets in Crypto-Assets (MiCA) framework, which will introduce unified cryptocurrency regulations across EU member states.
The Lithuania office bases the compliance and operational teams on the company’s willingness to work within regulatory frameworks. By acquiring its crypto registration in Lithuania, Bitget is cementing its European base and complying with MiCA regulations. Bitget intends to hire compliance and operations personnel locally to support this initiative.
Bitget Commitment to Security and Regulatory Collaboration
Bitget’s Chief Legal Officer, Hon Ng, expressed the company’s dedication to complying with EU regulatory standards and supporting digital innovation. Ng emphasized Bitget’s focus on collaborating with European regulators to ensure its services align with MiCA while safeguarding user data and assets.
The exchange’s Lithuania registration signifies its intent to operate transparently and securely. Bitget also holds licenses in countries such as Poland, Italy, and Australia and recently resumed services in the United Kingdom, reinforcing its global regulatory compliance strategy.
Strengthening Global Presence
This platform has quickly grown to over 45 million active users across 150+ countries, offering features like copy trading for digital assets like Bitcoin and Ethereum. Bitget also advances crypto adoption through strategic partnerships. Notable collaborations include being an Official Crypto Partner of LALIGA in selected regions and partnering with Turkish national athletes to promote cryptocurrency awareness.
By establishing its regional hub in Lithuania, Bitget underscores its role in fostering a compliant and innovative crypto ecosystem, positioning itself as a leader in the rapidly evolving regulatory landscape of the European Union.
