Bitget secures license for New Zealand expansion

Summary

Cryptocurrency exchange Bitget announced that it has registered as a financial services provider on New Zealand’s Financial Services Providers Register (FSPR). This registration authorizes Bitget to offer services in New Zealand including foreign currency exchange, domestic and cross-border money transfers, custody of client assets, and portfolio and money management. Despite the announcement, Bitget’s name was not visible on the FSPR registry at the time the report was written.

Bitget is recognized as the sixth-largest cryptocurrency exchange globally, with a reported daily trading volume of $389 million according to CoinMarketCap. The exchange has been actively expanding its regulatory approvals and presence internationally. For example, in June 2025, Bitget gained regulatory approval to operate as a digital asset exchange and custodial wallet provider in Georgia. It also holds regulatory authorizations from the UK’s Financial Conduct Authority via its affiliate Archax, and is registered as a virtual asset service provider in several European countries including Poland, Bulgaria, Lithuania, and the Czech Republic.

Why it matters

Additionally, Bitget has plans to strengthen its European operations, announcing in January the establishment of a European headquarters in Vienna, Austria. The exchange appointed Oliver Stauber, a former Bitpanda chief legal officer and ex-KuCoin EU head, as CEO of Bitget EU to oversee its expansion under the European Union’s Markets in Crypto Assets Regulation (MiCA). The developments highlight Bitget’s strategic efforts to expand its regulated services across multiple jurisdictions while complying with local financial regulations.