Bitget has registered as a Financial Services Provider on New Zealand’s Financial Service Providers Register (FSPR).

The cryptocurrency exchange said the registration will support its expanding range of financial products, including traditional market instruments, foreign exchange services, and tokenised real-world assets.

The registration covers several service categories, including foreign currency exchange, domestic and cross-border money transfers, client asset custody, and portfolio and money management.

It also includes the execution of financial product or foreign exchange transactions on behalf of clients.

As part of its compliance framework in New Zealand, Bitget has joined the New Zealand Insurance and Financial Services Ombudsman (IFSO) Dispute Resolution Scheme.

The independent scheme provides an external channel for eligible customers to resolve disputes relating to participating financial service providers.

“Financial platforms need compliance structures that can support a wider mix of assets and services,”

said Gracy Chen, CEO at Bitget.

“The registration adds another layer to our international financial services framework as the platform continues connecting digital assets with established markets.”

The company operates what it calls a Universal Exchange model, which brings crypto assets, tokenised stocks, commodities, and foreign exchange into a single trading platform.

The New Zealand registration forms part of Bitget’s broader efforts to build compliance infrastructure across different jurisdictions.

Featured image credit: Edited by Fintech News Australia, based on image by ochki via Magnific