Seychelles-headquartered cryptocurrency exchange Bitget announced on Tuesday that it successfully registered as a virtual asset service provider in Poland.
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- Bitget has been expanding its presence in the European Union. It completed its Lithuania registration in April.
- Earlier this year, Binance, the world’s largest crypto exchange, also received a license to operate in Poland, while also securing authorization in other EU member states like Sweden, France, Italy, Lithuania, Spain, and Cyprus.
- Last week, the EU’s Markets in Crypto Assets regulation received unanimous approval from finance ministers from all 27 member states.
- The EU’s legal framework is one of the world’s first comprehensive legislations for the Web3 industry.