Bitget will establish a European regional center in Lithuania, actively embracing MiCA regulatory requirements

ChainCatcher news, Bitget plans to establish 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 MiCA (EU Crypto Assets Market) framework, including setting up a local office and recruiting a compliance and operations team.

Bitget's Chief Legal Officer Hon Ng stated, "Establishing a European regional center in Lithuania is a key initiative for us to deepen our market presence in the EU, while supporting the development of the crypto ecosystem in the region based on the highest security and compliance standards."

Bitget places a high priority on compliant operations and has already obtained licenses in major markets such as Poland, Australia, and Italy. Recently, it has returned to the UK market to provide compliant crypto services to users. In addition, Bitget is initiating registration or licensing applications in over 15 jurisdictions worldwide.