Bitget Registers With Mexico’s SAT and UIF to Operate Locally

Bitget completed registrations with Mexico’s Tax Administration Service (SAT) and the Financial Intelligence Unit (UIF) to operate under the country’s virtual-asset framework. The company said the filings support its planned expansion across Central and Latin America and that it is among the first global platforms to finalize both registrations in Mexico.

The registrations consist of a vulnerable-activity filing with SAT and a separate registration with the UIF, steps required under Mexico’s rules for virtual-asset service providers. Those filings allow the exchange to operate within rules set by recent regulatory reforms that expanded anti-money-laundering obligations and clarified oversight for virtual-asset activities.

Bitget identified Mexico as a priority market because of its size and rising user interest in digital assets. The company said completing the SAT and UIF registrations strengthens its capacity to serve local customers while meeting national reporting and compliance obligations that now apply to platforms handling virtual assets.

Gracy Chen, Bitget’s CEO, commented: “Regulatory progress in crypto constantly changes with the landscape, and each one requires a clear understanding of local rules and how local financial systems operate. 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 whose relationships have become increasingly important in penetrating diverse markets.”

Bitget describes itself as a Universal Exchange serving more than 125 million users and offering access to a range of tokens and tokenized financial products. The company has commercial partnerships with LaLiga and MotoGP and has announced a collaboration with UNICEF on blockchain education initiatives.

The filings come as several Latin American countries tighten rules for virtual-asset providers while demand for crypto services grows. Completing local registrations allows exchanges to continue offering services while meeting the compliance and reporting requirements imposed by Mexican authorities.