Bitget Secures Two Key Registrations in Mexico, Paving the Way for LATAM Expansion

The Bitget trading platform has secured two important registrations in Mexico, which will allow the exchange to operate in the country’s digital asset framework in a compliant manner. 

More specifically, Bitget has completed a registration with Mexico’s Financial Intelligence Unit (UIF) and a vulnerable activity registration with Mexico’s Tax Administration Service (SAT). Under Mexican regulations, financial activities that are deemed high-risk are designated as vulnerable activities, and require special registration. This also includes the provision of cryptocurrency services.

According to the exchange, the Mexican market is one of its key priorities in the region, and that its newly-secured registrations represent an important foundation for their continued expansion across Central and Latin America.

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Bitget CEO Gracy Chen says that the exchange plans to operate alongside established financial institutions:

The registrations strengthen Bitget’s ability to serve Mexico’s local market under the country’s current regulatory framework, which has become more clearly defined after recent reforms broadened and signaled stricter AML requirements for virtual-asset activities.

The move comes as Bitget continues expanding in markets where user demand and regulatory development are advancing together. In Latin America, this trend is becoming increasingly apparent as more users seek access to digital assets through platforms that take a serious, practical approach to complying with local rules. Mexico is expected to be a key part of this transition, due to both the size of its domestic market and its wider influence across the region.

Mexico is a key player in the Latin American crypto market

According to a 2025 report by Chainalysis, Latin America generated almost $1.5 trillion in crypto

transaction volume between July 2022 and June 2025. Chainalysis says Mexico is the region’s third-largest crypto adopter in terms of transaction volume, behind Brazil and Argentina.

Interestingly, the report also noted that centralized crypto exchanges are the most important entry point for crypto in Latin America, constituting 64% of transaction activity (compared to 49% in North America and 53% inEurope). 

Per Chainalysis, centralized crypto exchanges are the preferred way for interacting with cryptocurrency in Latin America because they provide the simplest way to buy cryptocurrency, trade digital assets, and transfer money internationally.