Bitget Expands in Europe with Georgia License, Launches Crypto QR Payments in Vietnam

Bitget, a leading global cryptocurrency exchange, has secured regulatory approval to operate in Georgia, marking another milestone in its European expansion. At the same time, Bitget Wallet has introduced QR-based stablecoin payments in Vietnam, reinforcing its global strategy to merge compliance, innovation, and accessibility across multiple regions.

Bitget Gains Regulatory Foothold in Georgia’s Crypto-Friendly Landscape

Bitget has officially obtained a license to function as a digital asset exchange and custodial wallet provider in Georgia’s Tbilisi Free Zone (TFZ). The announcement confirms that Georgian users now have access to the platform’s complete suite of services—including spot trading, futures, and copy trading—within a regulated local framework.

This move strengthens Bitget’s footprint in Eastern Europe, where jurisdictions like Georgia are becoming increasingly attractive due to:

• Transparent crypto regulations

• Tax incentives for blockchain businesses

• Growing local adoption of digital assets

“As Europe accelerates MiCA implementation, Georgia offers a strong value proposition with regulatory clarity and a forward-thinking attitude toward innovation,” said Gracy Chen, CEO of Bitget.

The Georgian government’s supportive stance toward crypto is evident in its proactive engagement with blockchain firms and grant programs managed by the Georgian Innovation and Technology Agency (GITA). These programs provide funding and infrastructure support to emerging Web3 projects.

Bitget’s Broader European Expansion Strategy

The license in Georgia follows Bitget’s expanding compliance footprint across the continent:

• United Kingdom: Authorized via its affiliate Archax by the Financial Conduct Authority (FCA)

• Italy: Registered with the Organismo Agenti e Mediatori (OAM)

• Poland, Bulgaria, Lithuania, Czech Republic: Listed as a Virtual Asset Service Provider (VASP)

This strategic regulatory expansion positions Bitget to scale seamlessly as the Markets in Crypto-Assets Regulation (MiCA) becomes fully operational across the European Union.

Chen emphasized Bitget’s commitment to user protection, highlighting the exchange’s proof-of-reserves system and a dedicated security fund, which provide transparency and safeguard user assets.

Read More: Bitget Joins Real-World Asset Race with Launch of Yield-Bearing BGUSD Stable Asset

Bitget Wallet Introduces National QR Crypto Payments in Vietnam

Parallel to its regulatory milestones, Bitget is also pushing boundaries in crypto payments. Bitget Wallet has launched QR code-based crypto payments in Vietnam, integrating with the country’s VietQR system as part of its global PayFi initiative.

This feature allows users to make real-world purchases using stablecoins like USDT and USDC, with support for major blockchain networks such as:

• Ethereum

• Tron

• Solana

• Base

• TON

• BNB Chain

Vietnamese users can now scan VietQR codes to pay for everyday items, from groceries and dining to retail purchases. The system is already functional across 55+ financial institutions, including major banks like VietinBank and Vietcombank, and is accepted by over 2 million merchants nationwide.

“Our users are already using Bitget Wallet to pay for daily expenses with stablecoins simply by scanning VietQR codes,” said Jamie Elkaleh, Chief Marketing Officer of Bitget Wallet.

Auto-Swap Functionality Coming Soon

An upcoming upgrade will introduce auto-swap capabilities, enabling seamless payment using any crypto token—without the need for manual conversions. This feature aims to enhance usability and adoption across both crypto-native and traditional consumers.

Vietnam Moves Toward Regulated Crypto Framework

Bitget’s Vietnam launch coincides with regulatory developments in the country. On June 15, the National Assembly passed the Law on Digital Technology Industry, which will take effect on January 1, 2026.

Read More: Apple Removes Bybit, KuCoin, Bitget, and Other Crypto Exchange Apps from Japan's App Store

Key highlights of the new law include:

• Formal recognition of crypto and virtual assets as distinct categories

• Regulatory clarity for blockchain projects

• Cybersecurity and Anti-Money Laundering (AML) standards in line with global norms

Vietnam’s progressive stance further opens the door for mass adoption of digital assets, aligning with Bitget’s long-term strategy to bridge crypto with real-world applications.

Conclusion: Bitget Balances Regulation and Innovation

Bitget’s recent approval in Georgia and the QR payment rollout in Vietnam showcase its ability to adapt to both regulatory expectations and user demands. As crypto adoption spreads, Bitget continues to position itself as a reliable and forward-looking player in the global market.

Whether through building compliant infrastructure in Europe or enabling seamless payments in Asia, Bitget is steadily transforming crypto accessibility—region by region.