Bitget provides a Bulgarian permit to apply, expand the European presence

Bitget, a leading global exchange cryptocurrency, received a license for a virtual service provider (VASP).

Accompanying approvalThe Bitget is authorized to offer its Bulgarian clients a range of cryptocurrency services. Stock Exchange can now provide services including trading, secure transfers, custody and cryptocurrency assets, thanks to licenses. Bulgarian buyers Bitgets will also be able to participate in public orders on the platform.

This license provides a bitget higher chance to expand in the digital funds market. While the bitgate pushes to obtain EU markets in crypto licenseWhich would help strengthen his position on the European market, getting a license for VASP is a good step in the right direction.

Hon NG, the main legal officer in Bitget, noted:

“How the EU continues to lead the regulatory frameworks such as Mić, in the region during the maintenance of compliance. Bulgaria serves as a strategic passage for our European Expansms Chance to speed up the adoption of crypto.”

NG also noticed that the bitget intends to continue to spread globally in 2025. years during regulatory compliance at every new market entering. According to NG, the company has always set a strong priority at the following regulatory Standards to preserve market integrity and build user trust.

The new milestone comes on the heels of the previous achievements of the bitscro license in other countries like El SalvadorGreat Britain and Vietnam. Due to its efforts to protect users and in accordance with regulations, Bitget has previously appointed forbes as one of the most reliable exchanges in the world.