So, Bitget, the global cryptocurrency exchange that’s apparently trying to collect licenses like they’re Pokémon, just snagged a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. Because nothing says global domination like filing paperwork in Bulgarian! 🇧🇬📄
Now, thanks to this shiny new license, Bitget gets to wow Bulgarian clients with all the cryptocurrency goodies they can handle! They can trade, safely transfer (because unsafe transfers are soooo last century), custody their assets (is “custody” even a verb?), and trade crypto for other crypto without looking over their shoulders. Oh, and let’s not forget public token offerings – because who doesn’t want more tokens to brag about at parties? 🎉
But wait, there’s more! Apparently, this license is Bitget’s golden ticket into Europe’s crypto chocolate factory. As they gear up for the EU’s big crypto license, aka MiCA, this Bulgarian conquest is like their pre-game warm-up. It’s one small step for Bitget, one giant leap for… well, people who like digital money. 💻💸
Hon Ng, Chief Legal Officer at Bitget and probably the guy who never sleeps because of all this regulation stuff, chimed in with his profound thoughts:
“As the EU continues to lead with regulatory frameworks like MiCA, we see strong potential for sustainable growth and innovation in the region while maintaining compliance. Bulgaria serves as a strategic gateway for our European expansion, offering crypto-friendly ecosystems the chance to accelerate crypto’s adoption.”
Translation: “Hey, Europe’s got rules. We’re playing by them. Also, Bulgaria is kinda awesome!” 😎
Ng continued his victory lap by promising that Bitget would keep spreading its wings globally in 2025 while making sure to stay buddy-buddy with local regulators. Because nothing says “trust us” like a team that actually reads all the fine print. 📜🤓
This Bulgarian adventure joins a list of other Bitget licenses, including El Salvador (because why not?), the UK (tea with crypto, anyone?), and Vietnam (pho and blockchain?). Fun fact: Forbes once called Bitget one of the most reliable exchanges in the world. But then again, Forbes also gave us lists like “Top 10 Billionaires You’ll Never Be,” so take that as you will. 😏
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2025-02-14 15:17