Bitget has registered with two Mexican regulators, clearing a path to operate under the country's virtual asset rules and expand across Latin America.
Bitget Mexico Registration
The crypto exchange said it secured vulnerable activity registration with Mexico's Tax Administration Service, known as SAT, and completed filings with the Financial Intelligence Unit, or UIF.
The dual approval puts Bitget among the first global platforms to clear both steps in the country.
Mexico has tightened oversight of digital assets through recent reforms that broadened anti-money-laundering duties for exchanges.
Company executives described Mexico as one of Bitget's largest markets across Central and Latin America. They cited user growth and the country's regional financial weight as reasons for the focus.
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Gracy Chen Comments
Chief Executive Gracy Chen said local rules and financial systems shape how the exchange enters each new market.
"By following that path in Mexico, Bitget is building on a model that supports responsible growth and gives the business more opportunities to operate alongside banks and financial institutions," she said.
She added that ties with banks have grown more important as the firm pushes into varied markets. Bitget said the registrations strengthen its standing under Mexico's evolving framework.
Latin American users are increasingly seeking digital asset access through platforms operating within local rules, according to Bitget. The company expects Mexico to anchor that shift, given its domestic market size and influence across the region.
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