Cryptocurrency exchange Bitget has officially registered as a Financial Services Provider (FSP) on New Zealand's Financial Service Providers Register (FSPR). The registration bolsters the platform's regulated financial services framework and covers a range of service categories, including foreign currency exchange, domestic and cross-border money transfers, client asset custody, portfolio and money management, and the execution of financial products or foreign exchange transactions on behalf of clients.
In addition, Bitget has joined the New Zealand Insurance and Financial Services Ombudsman (IFSO) Dispute Resolution Scheme. This independent body provides an external channel for eligible customers to raise and resolve disputes involving participating financial service providers, adding a layer of consumer protection.
"Financial platforms need compliance structures that can support a wider mix of assets and services," said Gracy Chen, CEO of Bitget. "The registration adds another layer to our international financial services framework as the platform continues connecting digital assets with established markets."
The FSPR registration is part of Bitget's broader push to build operational and compliance infrastructure for its expanding suite of financial products. These include traditional market instruments, foreign exchange services, and tokenized real-world assets, all aimed at its Universal Exchange model that unifies crypto, tokenized stocks, commodities, FX, and other asset classes.
