Bitget, a crypto trading platform, is actively considering expanding its operations in India, which it sees as a high-priority market. The company is currently in discussions with the country’s regulator to ensure compliance with licensing requirements. This move comes as India emerges as one of the leading adopters of cryptocurrencies globally. Existing crypto exchanges in India are optimistic about the potential for positive changes in the country’s crypto policy. Bitget acknowledges India’s significant potential in the Web3 space due to its skilled talent, tech-savvy population, and positive regulations.
Bitget has been strategically expanding into crypto-friendly jurisdictions that have clear guidelines for licenses and registrations. Last year, the exchange sought to establish a more compliant presence in the UAE and has also obtained VASP licenses in Lithuania and Poland. In an effort to maintain transparency, Bitget provides users with access to verifiable Proof of Reserves data and comprehensive fund storage information.
The company recognizes the importance of its Indian users and is committed to serving them effectively.
