$BTC Just saw a message saying that #bitget has obtained a virtual asset service provider license in Georgia.

To be honest, I usually don't pay much attention to this kind of news, but this time I clicked in to take a look and suddenly felt there was something to it. Although Georgia is not a 'financial powerhouse' in the traditional sense, the regulation of the crypto market here in Eastern Europe is quite rigorous. This license indicates that bg has also begun to follow a compliant route in the Eastern European market.

From last year until now, they have gradually obtained compliance licenses in Lithuania, Poland, New Zealand, and now with Georgia added, it means they have established a 'compliance network' throughout the entire Eastern European region.

I used to think that the crypto space was quite insubstantial, either running away or skirting the rules, but bg has indeed been steady and methodical over the past two years, not rushing or getting impatient, and instead, it increasingly looks like a 'serious big company.' Especially in the highly uncertain field of web3, taking steps towards compliance is truly commendable.