Cryptocurrency exchange Bitget confirmed its registration as a Virtual Asset Service Provider (VASP) in Poland on May 23, granting Bitget the legal right to conduct operations within the Polish cryptocurrency market.

Gracy Chen, managing director of Bitget, stated that the adoption of regulatory frameworks is crucial for the cryptocurrency sector to become mainstream. She added that recent registrations in Lithuania and Poland strengthen Bitget’s presence in Europe.

Regulation helps achieve mainstream adoption of crypto.

At Bitget, we understand and embrace regulatory frameworks.

Working with policymakers across the EU and worldwide, we aim to enable open access to crypto in a safe and compliant manner.https://t.co/DsFbDP4fKb https://t.co/dWE36GHEuK

— Gracy Chen @Bitget (@GracyBitget) May 23, 2023

Bitget, an exchange with an average trading volume of around $10 billion, acquired a VASP license in Lithuania in April, which makes the Polish registration the seventh EU country where Bitget received registration. The exchange will be able to conduct cryptocurrency-related business

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Author: Emily Tonelli

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