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Bitget gains New Zealand FSP registration as it broadens regulated services

Bitget gains New Zealand FSP registration as it broadens regulated services

Bitget said its New Zealand registration covers five service categories and supports its stock-linked product push, while the exchange keeps access restricted in Singapore and prepares a regulated U.S. return.

Fact Check
The core claim - Bitget's New Zealand FSPR registration, IFSO dispute scheme membership, and expansion into FX, custody and tokenized RWA offerings - is consistently reported by CoinGape and corroborated by CryptoNews and multiple search results. The details are specific and mutually consistent. The claim's framing that this followed El Salvador DASP and South Africa FSCA approvals was not independently confirmed in the reviewed sources, and I could not verify the registration directly on the official FSPR register or Bitget's own newsroom, so confidence is medium rather than high.
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Summary

Bitget said it has completed registration on New Zealand’s Financial Service Providers Register across five categories: foreign currency exchange, domestic and cross-border money transfers, client asset custody, portfolio and money management, and executing financial products or foreign exchange transactions for clients. The exchange also joined the Insurance and Financial Services Ombudsman Dispute Resolution Scheme, adding a formal complaints channel for eligible users. The move supports Bitget’s expansion of rToken and Stock+ products tied to U.S. equities, though registration on the FSPR does not by itself mean the company is licensed or actively supervised in New Zealand, and Bitget did not disclose a separate license from the Financial Markets Authority or the Reserve Bank of New Zealand. Bitget said rToken offers tokenized economic exposure to selected U.S. stocks and ETFs through products issued by Reality and designed to be backed 1:1 by shares held in custody, while Stock+ gives eligible users access to more than 10,000 U.S.-listed stocks and ETFs through licensed partners. The company is also preparing a return to the United States through a local entity and planned money-transmitter, derivatives and broker-dealer approvals, but has not given a launch date. At the same time, Bitget said it is not licensed or authorized by the Monetary Authority of Singapore and does not offer services to people in Singapore, which remains a restricted jurisdiction under its terms.

Terms & Concepts
  • tokenized economic exposure: A structure that lets users track the value of an asset through a token without necessarily owning the underlying security directly.
  • client asset custody: The holding and safeguarding of customer assets by a financial services provider.
  • broker-dealer approvals: Regulatory permissions typically required for firms that execute securities trades or deal in investment products for clients.