Bitget issued a dated notice saying it is not licensed or supervised by the Monetary Authority of Singapore, does not target Singapore residents, and remains restricted there despite pursuing approvals in other markets.
Bitget said in a July 21 notice that it is not licensed, approved, registered, authorized or otherwise regulated by the Monetary Authority of Singapore and does not offer or target services to people in Singapore. The exchange said Singapore remains a prohibited country under its terms of use, that access to its platform is restricted from the country, and that material on its website, apps and social media should not be treated as an offer or invitation to Singapore residents. The clarification comes as MAS continues to use its Investor Alert List to distinguish regulated businesses from platforms without local authorization. Bitget is on that list, which MAS says is a consumer information measure for entities that could be wrongly viewed as licensed and does not by itself amount to an enforcement finding or a determination of wrongdoing. The statement also comes after Singapore tightened rules for digital token service providers operating from Singapore and serving overseas customers, with that framework taking effect on June 30, 2025. Bitget is continuing to seek approvals elsewhere even as it draws a sharper line around jurisdictions where it is not authorized. Bitget EU has applied to Austria’s Financial Market Authority for authorization under the European Union’s Markets in Crypto-Assets Regulation, though the filing remains under review and does not itself confer approval. The exchange has also expanded into tokenized financial assets through its Reality platform, while stressing that product availability and regulatory status remain jurisdiction-specific.