Bitget registers with Mexico’s SAT and UIF for local crypto operations

Bitget completed registrations with Mexico’s Tax Administration Service (SAT) and the Financial Intelligence Unit (UIF) to operate within the country’s virtual-asset framework and pursue expansion across Central and Latin America. The filings include a vulnerable activity registration with SAT and a UIF registration, placing Bitget among the first global platforms to finish both processes in Mexico.

Mexican authorities recently clarified rules for virtual assets and expanded anti-money-laundering obligations for related activities. Bitget’s registrations align the company with those requirements and allow it to serve customers in Mexico under the current regulatory regime.

Company officials say Mexico is one of Bitget’s largest markets in Central and Latin America because of its market size and growing retail interest in digital assets. Bitget reported it serves more than 125 million users and offers trading across a range of digital assets and tokenized traditional finance instruments.

Gracy Chen, Bitget’s CEO, commented that regulatory requirements differ across jurisdictions and that the registrations create more opportunities to work with banks and other financial institutions important for market access.

Bitget noted the Mexican registrations are part of a broader regional approach focused on countries where user demand and regulatory clarity are advancing together. The company has formed commercial partnerships with sports organizations and announced a collaboration with UNICEF on blockchain education.

The company said the filings will support local operations and compliance with reporting obligations imposed by Mexican authorities as it seeks further growth in Latin American markets.