Bitget has received regulatory approval from Georgia to operate as a provider of digital asset and caretaker exchange portfolio within the free area of Tbilissi (TFZ).
In an announcement Thursday, the company said that its users in Georgia can now access the full range of Bitget services, including cash, future trading and copy trading, all in an entirely compliant and locally regulated environment.
Bitget has been developing in Europe since European Union markets in crypto-sets’ regulation (Mica) began to take effect in 2024.
Thanks to its affiliate Archax, he holds the authorization of the Financial Conduct Authority of the United Kingdom. It is also registered with the Italian organization agent Mediatori and is listed as a virtual asset service provider (VASP) in Poland, Bulgaria, Lithuania and the Czech Republic.
“While Europe is moving towards the implementation of Mica, Georgia is distinguished as a key market, which gives regulatory clarity, tax advantages and real adoption of users,” said Gracy Chen, CEO of Bitget.
Chen stressed that users also benefit from an improvement in security measures such as proofs of reserves and a dedicated protective fund.
Georgia marks the latest Bitget extension in Europe thanks to a favorable commercial climate and a regulatory support framework. The Georgian government is committed to companies during the training of laws related to cryptography and grants subsidies to blockchain and crypto companies through the Georgian agency for innovation and technology.
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Bitget Wallet is launching crypto QR payments in Vietnam
Based on its wider efforts to develop globally in several sectors of activity, Bitget Wallet introduced the national QR payment support as part of its Global Payfi initiative, Vietnam becoming the first market to be put online. The new feature allows users to make cryptographic payments using Vietqr, the QR national standard of Vietnam.
Integration allows users to pay with stablecoins such as USDT (USDT) and USDC (USDC), taking charge of several blockchains, notably Ethereum, Tron, Solana, Base, Ton and BNB Chain. Future updates will also introduce automatic flow features, allowing payments using a token without manual conversion.
Jamie Elkaleh, Marketing Director at Bitget Wallet, told Cintelegraph that “Vietnam users have already used Bitget Wallet to pay with floors for daily expenses such as food, grocery store and retail items simply by scanning Vietqr codes.”
In collaboration with the Crypto Payment framework of Aeon approved partner, Bitget Wallet now allows Stablecoin payments through more than 55 banks and payment institutions supporting Vietqr, including Vietink and Vietcombank. More than 2 million traders at the national level accept the standard, covering large retailers with small businesses.
Vietnam’s regulatory environment for crypto has evolved. On Saturday, the National Assembly approved the law on digital technology industry, which officially recognizes cryptographic assets and prepares the field for regulated development in the sector.
By entering into force on January 1, 2026, the law defines cryptographic and virtual assets separately and introduces the requirements of cybersecurity and the fight against money laundering aligned with global standards.
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