Bitget obtains regulatory approval to operate in New Zealand market

Bitget obtains regulatory approval to operate in New Zealand market

Digital currency platform Bitget has announced its successful registration with New Zealand's financial services regulator as an authorized financial service provider, paving the way for broader operations within the nation.

Digital asset exchange Bitget has announced its official registration status as a financial services provider through New Zealand's Financial Services Providers Register (FSPR).

According to a Thursday statement from Bitget, this regulatory registration grants the exchange permission to provide various financial services throughout the country, including foreign exchange operations, both domestic and international money transfer services, custody solutions for client assets, as well as portfolio and money management capabilities.

At the time this article was written, Bitget's registration details were not yet visible on the FSPR's public registry.

Based on CoinMarketCap statistics, Bitget currently holds the position as the sixth largest digital currency exchange globally, processing $389 million in trading volume on a daily basis.

During June 2025, the exchange obtained regulatory clearance to function as a digital asset trading platform and custodial wallet service provider in Georgia. Additionally, Bitget maintains operational authorization from the United Kingdom's Financial Conduct Authority through its affiliated entity, Archax. The exchange has also secured registration with Italy's Organismo Agenti e Mediatori and appears on virtual asset service provider (VASP) registries across Poland, Bulgaria, Lithuania and the Czech Republic.

Back in January, Bitget revealed its intentions to establish European headquarters in Vienna, Austria. The company also brought on board Oliver Stauber, previously serving as Bitpanda's chief legal officer and former head of KuCoin EU, to assume the role of CEO for Bitget EU and spearhead the platform's expansion under the Markets in Crypto Assets Regulation (MiCA) framework.

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