Bitget will set up a European regional center in Lithuania to actively embrace MiCA regulatory requirements

Bitget plans to set up a European regional center in Lithuania. Currently, Bitget has completed the registration of cryptocurrency business in Lithuania and will prepare for compliance work under the framework of MiCA (EU Crypto Asset Market), including setting up a local office and recruiting compliance and operations teams. Bitget Chief Legal Officer Hon Ng said: "The establishment of a European regional center in Lithuania is a key measure for us to deepen our EU market layout, while supporting the development of the crypto ecosystem in the region on the basis of adhering to the highest security and compliance standards." Bitget attaches great importance to compliant operations and has obtained licenses in major markets such as Poland, Australia and Italy. And recently returned to the UK market to provide users with compliant crypto services. In addition, Bitget is initiating registration or license applications in more than 15 jurisdictions around the world.