Seychelles-based cryptocurrency exchange platform, Bitget, has taken its first step to operate in Europe by registering as a service provider in Lithuania. The exchange platform has released a statement declaring that it has satisfied all regulatory requirements and regional poli...
The exchange platform has released a statement declaring that it has satisfied all regulatory requirements and regional policies necessary to operate within Lithuania. According to the statement, Bitget can now conduct its activities within the country.
Lithuania has become a hub for cryptocurrency and blockchain startups, attracting investors and businesses seeking to leverage the country’s supportive regulatory environment.
Lithuania identified an opportunity to attract cryptocurrency businesses and took proactive measures to become an appealing location for them. Additionally, Bifinitey UAB, the payment service provider for the world’s largest cryptocurrency exchange platform Binance, is based in Lithuania.
According to Bitget, Lithuania is still a great place for crypto enthusiasts and businesses to set up shop and provide cryptocurrency-related services. Since its 2018 debut, Bitget has been used by 8 million individuals worldwide.