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INTRODUCTION

Bitget, a leading global cryptocurrency exchange platform, has achieved yet another significant milestone in its expansion strategy. The company recently obtained a Virtual Asset Service Provider (VASP) registration in Poland, solidifying its presence in the European Union (EU) region. 

With a user base of over 8 million individuals across 100 countries and regions, Bitget is expanding its operations while ensuring compliance with all applicable regulatory standards. 

This latest development allows Bitget to legally offer its comprehensive range of crypto services within the Polish market.

EXPANDING FOOTPRINT IN EUROPE

Bitget’s expansion into the EU region highlights its commitment to providing secure and reliable crypto services to a broader customer base. 

By obtaining the VASP license in Poland, Bitget strengthens its position in the European market and establishes a solid foundation for future growth. 

This achievement follows the company’s successful licensing in Lithuania earlier in April 2023, demonstrating its dedication to complying with regulatory requirements and securing necessary approvals.

NAVIGATING REGULATORY STANDARDS

Operating within the Polish market as a registered VASP enables Bitget to offer its extensive suite of crypto services in accordance with the country’s legal framework. 

Polish legislation recognizes corporate activities related to cryptocurrencies as VAT-exempt, providing a favorable environment for Bitget’s operations.

Additionally, profits generated by Bitget will be taxed at the regular rate of 19%, ensuring compliance with financial regulations and contributing to the local economy.

BITGET’S ONGOING GROWTH AND EXPANSION

With the VASP registration in Poland, Bitget sets its sights on continued growth and expansion within the EU region and beyond. By actively engaging with regulatory bodies and obtaining necessary licenses, Bitget demonstrates its commitment to providing secure and compliant crypto services to its rapidly growing user base. 

The company’s success in securing the VASP license in two EU countries further solidifies its position as a trusted global cryptocurrency exchange platform.

USER-CENTRIC APPROACH

Bitget’s expansion efforts align with its user-centric philosophy, aiming to enhance the crypto trading experience for millions of users worldwide. 

The company offers a wide range of innovative features, including spot trading, futures trading, margin trading, and more. By adhering to regulatory standards while expanding its services, Bitget ensures that users can access a reliable and compliant trading platform, thereby fostering trust and confidence within the crypto community.

CONCLUSION

Bitget’s recent acquisition of the VASP regulatory license in Poland is a testament to its commitment to compliance and expansion. With over 8 million users in more than 100 countries and regions, Bitget continues to strengthen its presence in the European Union while adhering to regulatory standards. 

The company’s successful registrations in Lithuania and Poland demonstrate its dedication to providing secure and compliant crypto services.

As Bitget looks ahead, it remains focused on further growth and expansion within the EU region and the global crypto landscape, ensuring a seamless trading experience for its users worldwide.

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