Bitget Secures Bulgarian VASP License, Eyes EU Expansion

Bitget, a leading cryptocurrency exchange, has received a Virtual Asset Service Provider (VASP) license from the National Revenue Agency of Bulgaria. This license enables Bitget to offer a comprehensive range of cryptocurrency services in Bulgaria, including trading, transfers, custody, public offerings, and wallet services.

Hon Ng, Bitget's Chief Legal Officer, expressed the company's commitment to providing efficient and compliant services to users throughout the European Union. As the EU continues to lead the way with regulatory frameworks such as the Markets in Crypto-Assets (MiCA) regulation, Bitget sees tremendous potential in the region for sustainable growth and innovation.

By 2025, Bitget aims to focus on global expansion, ensuring its operations meet compliance standards in various regions. This strategy is designed to enhance user trust, ensure long-term growth, and stay up-to-date with the latest global regulatory developments.