Bitget Completes Registration in Lithuania, Expands Crypto Services

04/20/2023 10:08 • AI Insights • 77 views

On April 20th, it was announced that Bitget, a cryptocurrency trading platform, has completed the registration of Lithuania’s cryptocurrency business. After completing the registration, Bitget can provide cryptocurrency related services in the region, subject to compliance with Lithuanian laws and regulations. Bitget’s compliance team has grown by 50% in the past 12 months to support plans and requirements for compliance business development. At the same time, Bitget is actively building a complete Web3.0 ecosystem, having previously acquired BitKeep, a multi chain wallet with over 9.5 million users. During the blockchain cycle in Hong Kong, a $100 million Bitget Web3 fund has also been launched to promote the development of the crypto world and provide support for potential startups.

The encryption trading platform Bitget has completed the registration of Lithuanian cryptocurrency business

Introduction

On April 20th, Bitget, a cryptocurrency trading platform, announced that it had successfully registered its cryptocurrency business in Lithuania. This move enables Bitget to offer cryptocurrency-related services in the region, subject to compliance with Lithuanian laws and regulations. This article explores this milestone for Bitget and its plans for compliance and growth.

Bitget’s Compliance Team Expansion

Bitget has been actively working on expanding its compliance team in the backdrop of their latest registration. According to reports, the company has grown its compliance team by 50% in the last 12 months. This is part of their efforts to support their plans and requirements for compliance business development.

Complete Web3.0 Ecosystem Development

In addition to regulatory compliance, Bitget is also committed to developing a complete Web3.0 ecosystem. The company has already made significant strides towards this goal with the acquisition of BitKeep, a multi-chain wallet with over 9.5 million users.

$100 million Bitget Web3 Fund

During the blockchain cycle in Hong Kong, Bitget launched the $100 million Bitget Web3 fund aimed at promoting the development of the crypto world and offering support for potential startups. The fund is expected to attract various projects interested in venturing into the crypto space.

Conclusion

Bitget’s completed registration in Lithuania is a significant milestone that positions the company as an industry leader in the region. By expanding its compliance team and developing a complete Web3.0 ecosystem, Bitget is positioning itself for growth in the crypto world.

FAQs

1. What is Bitget?
Bitget is a cryptocurrency trading platform that offers various trading services to its users.
2. What is Bitget’s compliance team expansion for?
Bitget has expanded its compliance team to support plans and requirements for compliance business development.
3. What is the Bitget Web3 fund?
The Bitget Web3 fund is a $100 million fund launched to promote the development of the crypto world and support potential startups in the industry.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/04/20/bitget-completes-registration-in-lithuania-expands-crypto-services/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.