Bitget secures financial services license for New Zealand expansion
The Seychelles-based exchange adds New Zealand to its growing list of regulated jurisdictions as it pushes deeper into traditional financial services.
Bitget has registered as a Financial Services Provider on New Zealand’s Financial Service Providers Register, adding another regulatory stamp to a collection that’s starting to look like a well-traveled passport.
The registration, announced on July 23, covers foreign currency exchange, domestic and cross-border money transfers, and asset custody. It also requires Bitget to join the Insurance and Financial Services Ombudsman dispute resolution scheme, giving customers in New Zealand a formal channel to escalate complaints.
What the license actually covers
The registration enables Bitget to offer services that straddle both digital and traditional finance, including forex services and tokenized real-world assets.
Just two days before the announcement, on July 21, the exchange launched a Quanto Perpetual Future product linked to traditional financial assets. It’s a derivative that lets traders get exposure to conventional markets while settling everything in crypto.
“Financial platforms need compliance structures that can support a wider mix of assets and services,” CEO Gracy Chen said on July 23.
The bigger licensing picture
New Zealand isn’t an isolated move. Bitget filed a MiCAR authorization application with Austria’s Financial Market Authority back on June 17, which would give the exchange a passport to operate across the European Union under the bloc’s comprehensive crypto regulatory framework.
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Bitget, which has operated since 2018 out of Seychelles, is systematically collecting regulatory approvals in jurisdictions that institutional investors and compliance-conscious retail users actually care about.
The exchange reported nearly $70 billion in perpetual trading volume during Q2 2026.
What this means for investors
New Zealand users can now expect a wider range of services from Bitget, including forex and money transfer capabilities. The New Zealand registration also facilitates expansion into tokenized real-world assets, which aligns with increasing regulatory focus on the integration of crypto assets into traditional financial systems.