Bitget, a leading cryptocurrency exchange, has achieved dual regulatory milestones in Mexico, obtaining registrations with the Financial Intelligence Unit (UIF) and the Tax Administration Service (SAT). This approval makes Bitget one of the first major exchanges to meet local compliance requirements in the rapidly growing Latin American crypto market. The move is part of a broader strategy to strengthen its presence across South and Central America, where demand for regulated digital asset services is accelerating.
With UIF and SAT registrations, Bitget is now authorized to operate under Mexico’s evolving anti-money laundering framework for virtual asset service providers. The UIF monitors and prevents illicit financial flows, while the SAT enforces tax obligations for domestic and foreign financial entities. Bitget CEO Gracy Chen emphasized that the exchange’s approach aims to support responsible growth and simplify collaborations with banks and financial institutions in Mexico, a country that has become a strategic hub for crypto adoption and DeFi interest.
Separately, Bitget Wallet announced the launch of its self-service API portal, designed to scale onchain trading for developers and institutional partners. The portal allows applications for API access, key management, and connection to Bitget Wallet’s infrastructure for token swaps, cross-chain transactions, and real-time market data. This follows an earlier API rollout and marks the company’s expansion into business infrastructure, enabling fintech platforms and trading apps to integrate onchain trading capabilities without building complex backend systems from scratch.
