Crypto Exchange Bitget Completes Crypto Registration In Lithuania
VICTORIA, Seychelles — Bitget, a top crypto trading platform, has completed its crypto registration in Lithuania. This registration will allow the company to offer crypto-related services in or from Lithuania in compliance with regional laws and regulations.
The registration from the authorities of Lithuania, one of the emerging digital asset markets in Europe, will enhance Bitget’s international reach. Lithuania is a well-known haven for cryptocurrency and blockchain projects and is one of the leading countries in the EU in terms of crypto legislation formation. Such an environment makes the country a favorable hotspot for cryptocurrency enthusiasts and a favorite location for companies seeking to register legal entities for crypto-related businesses.
“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,” said Gracy Chen, the Managing Director of the Bitget exchange.
Bitget is committed to building a top-notch and robust team to support its compliance initiatives. The talent pool of Bitget’s compliance team has grown by 50% in the last 12 months, which will embody professionalism and strength, ensuring that the company is in full compliance with all relevant regulations.
Bitget has always striven to offer services and products to reflect its industry-leading security and credibility standards. The recent moves made by the company to showcase its market presence can be highlighted by its $30 million investment in decentralized multi-wallet BitKeep and the launch of a $300 million user protection fund. Bitget has also been making considerable traction in entering the Web3 space, as evidenced by the launch of the $100 million Bitget Web3 Fund. The exchange has set up the fund aimed at promoting blockchain adoption and supporting promising startups capable of adding value to the space.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange copy trading services as one of its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi, the leading Italian football team Juventus, and official eSports events organizer PGL.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: [email protected]
- Press releaseBitget Announces Winners of Blockchain4Her Bangkok Pitching Competition during DevCon 24' Victoria, Seychelles, 18th November 2024 – Bitget , the leading cryptocurrency exchange and Web3 company, hosted “Pitch n Slay,” in Bangkok on 15th November under a special initiative for its Blockchain4Her program. Organized to provide exposure for female entrepreneurs in the blockchain space, the competition provided grants to the top 3 winners of the competition and has been presented with the opportunity to pitch Foresight Ventures to win seed funding. Built on Bitget’s larger $10 million2024-11-18
- Press releaseBitget Enters the UK, Offering A Broad Range of Tokens Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.Take 2 mins to learn more. Victoria, Seychelles, 12th November 2024 – Bitget, a leading cryptocurrency exchange and Web3 company, has officially re-launched its UK website, in compliance with the Financial Promotions Regime, thereby providing British users with access to an extensive selection of digital assets. With more2024-11-12
- Press releaseBitget hits ATH Trading Volume and Daily Active Traders Amidst Market Surge Victoria, Seychelles, 13th November, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company is proud to announce hitting all-time-high trading volumes, open interest and Daily Active Users. The recent market surge has increased activity on the platform, making it surpass major competitors ranking #3 globally for Futures trading on Coingecko. The overall derivatives trading volume has surged to $1.51 trillion, with a 1.7% increase in the past 24 hours, ac2024-11-13