Bitget secures New Zealand registration

• Bitget has registered as a financial service provider in New Zealand.
• The registration expands the exchange's presence in another regulated market.
• Bitget said the approval supports its international expansion strategy.

Bitget has registered as a financial service provider in New Zealand, allowing the cryptocurrency exchange to expand its regulated operations in the country.

The registration follows Bitget's efforts to obtain regulatory approvals in multiple jurisdictions as cryptocurrency exchanges expand into regulated markets.

Bitget said the registration allows it to provide cryptocurrency-related services in New Zealand under the country's regulatory framework and forms part of its broader international expansion strategy.

Bitget said it will continue pursuing regulatory approvals in other jurisdictions, while the company does not have a publicly listed share price.

New Zealand requires financial service providers to register before offering eligible services, and cryptocurrency businesses must comply with anti-money laundering and counter-terrorism financing rules.

Bitget has continued expanding into regulated markets as governments introduce clearer rules for digital asset service providers.