Bitget has received regulatory approval from Georgia to operate as a digital asset exchange and custodial wallet provider within the Tbilisi Free Zone (TFZ). This move strengthens Bitget’s footprint in Eastern Europe, a region increasingly embracing crypto regulation and fostering innovation-friendly policies.
The expansion into Georgia is part of Bitget’s broader European growth strategy, which has accelerated since the implementation of MiCA in 2024. Through its affiliate, Archax Ltd, Bitget is already authorized by the UK’s Financial Conduct Authority (FCA). The platform is also registered with Italy’s Organismo Agenti e Mediatori (OAM) and is listed as a virtual asset service provider (VASP) in Poland, Bulgaria, Lithuania, and the Czech Republic.
Georgia represents Bitget’s latest step in this regional expansion, thanks to its crypto-friendly regulatory environment and pro-business policies. The Georgian government actively collaborates with industry players on shaping digital asset legislation and offers financial support to blockchain and crypto startups via the Georgian Innovation and Technology Agency (GITA).
“As Europe moves toward the Markets in Crypto-Assets Regulation (MiCA) implementation, Georgia stands out as a key market providing regulatory clarity, tax advantages, and real user adoption.”
With this newly acquired license, users in Georgia can now access Bitget’s full suite of services—including spot trading, futures, and copy trading—within a fully compliant and locally regulated framework. Bitget Managing Director Gracy Chen emphasized that users also benefit from strengthened security features, including proof of reserves and a dedicated protection fund designed to safeguard user assets.
Bitget Wallet Introduces QR Code Crypto Payments in Vietnam
As part of its global PayFi initiative and broader push to expand across multiple business lines, Bitget Wallet has launched national QR crypto payment support in Vietnam—the first country to go live with the feature. The new integration allows users to make crypto payments using VietQR, the country’s official QR code payment standard.
With this feature, users can pay in stablecoins such as USDT and USDC, across multiple blockchains including Ethereum, Tron, Solana, Base, TON, and BNB Chain. Bitget Wallet also plans to introduce auto-swap functionality in upcoming updates, enabling users to pay with any token without manually converting it beforehand.
“Users in Vietnam have already used Bitget Wallet to pay with stablecoins for daily purchases like food, groceries, and retail items—just by scanning VietQR codes,” said Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, in a statement to Cointelegraph.
In partnership with AEON’s licensed crypto payment infrastructure, Bitget Wallet now enables stablecoin transactions through more than 55 participating banks and financial institutions that support VietQR, including major names like VietinBank and Vietcombank. Over 2 million merchants across Vietnam—from major retail chains to small businesses—currently accept payments via VietQR.
Vietnam’s growing embrace of digital assets is supported by a favorable regulatory climate. On June 14, the National Assembly passed the Law on Digital Technology Industry, which officially recognizes crypto assets and lays the groundwork for a regulated digital asset ecosystem.
Set to take effect on January 1, 2026, the new law distinguishes between cryptocurrencies and other virtual assets, while introducing cybersecurity and Anti-Money Laundering (AML) requirements aligned with international standards.
