Cryptocurrency exchange Bitget has obtained registration as a Financial Services Provider on New Zealand's Financial Service Providers Register (FSPR), strengthening the platform's regulatory footing in the Asia-Pacific region.

The FSPR is a statutory register maintained by the Companies Office, a unit of the New Zealand Ministry of Business, Innovation and Employment. Registration on the FSPR is a prerequisite for entities offering financial services to the public in New Zealand and subjects providers to oversight under the Financial Service Providers (Registration and Dispute Resolution) Act 2008. New Zealand does not maintain a crypto-specific licensing regime; instead, digital asset businesses operate under existing financial services legislation, making FSPR registration the foundational compliance step for exchanges seeking to serve local customers.

The authorization reinforces Bitget's financial services architecture and covers designated service categories including foreign currency exchange, domestic and cross-border remittances, safeguarding of client assets, portfolio and money management, and the execution of financial product or foreign exchange transactions on behalf of clients.

Dispute Resolution Enrollment

Bitget has additionally enrolled in the New Zealand Insurance and Financial Services Ombudsman (IFS) Dispute Resolution Scheme. The IFS scheme is an independent, government-approved dispute resolution body that furnishes an external mechanism through which eligible customers may file and resolve grievances involving participating financial service providers. Membership in an approved dispute resolution scheme is a legal requirement for FSPR-registered entities that provide services to retail clients.

Registration Strengthens International Compliance Framework

The New Zealand registration constitutes an element of Bitget's ongoing efforts to construct the operational and compliance foundations required for its broadening array of financial offerings, spanning traditional market instruments, foreign exchange services, and tokenized real-world assets. The move reflects a broader industry pattern in which major cryptocurrency exchanges have pursued registrations and licenses across multiple jurisdictions, accelerating after regulatory enforcement actions in the United States and elsewhere during 2022 and 2023 intensified scrutiny of unregistered digital asset platforms.

"Financial platforms need compliance structures that can support a wider mix of assets and services," said Gracy Chen, CEO at Bitget. "The registration adds another layer to our international financial services framework as the platform continues connecting digital assets with established markets."

The Universal Exchange architecture consolidates cryptocurrency assets, tokenized stocks, commodities, foreign exchange, and other financial instruments within a single trading platform. The company sustains its service expansion through registered entities and qualified partners situated across various jurisdictions.

Founded in 2018, Bitget has pursued registrations and licenses in multiple jurisdictions as part of its global compliance strategy. The exchange offers spot trading, derivatives, and copy trading services to users worldwide.