Bitget has completed registration with Mexico's Tax Administration Service (SAT) and its Financial Intelligence Unit (UIF), making it among the first global crypto platforms to comply with the country's expanded anti-money laundering obligations. The registrations allow the exchange to operate legally in Mexico, one of its largest markets in Central and Latin America.
What the registrations cover
Mexico's recent reforms extended AML requirements to virtual-asset activities. The SAT registration covers vulnerable activity reporting — a designation that applies to crypto businesses under Mexican law. The UIF registration adds another layer of oversight, requiring exchanges to follow stricter transaction monitoring and reporting procedures. Bitget is one of the first global platforms to clear both steps.
Bitget's footprint in Mexico
Mexico is a key market for Bitget, which serves over 125 million users worldwide. The exchange offers access to more than 2 million crypto tokens, along with tokenized stocks, ETFs, commodities, foreign exchange, and precious metals. Bitget's CEO is Gracy Chen. The company also holds strategic partnerships with LALIGA and MotoGP and has teamed up with UNICEF to support blockchain education for 1.1 million people by 2027.
Why the registrations matter now
Mexico's regulatory push on virtual assets has been building. With the SAT and UIF registrations in hand, Bitget can continue serving Mexican users without disruption. The move also positions the exchange ahead of many competitors that have yet to complete the same process. For Bitget, it's a concrete step toward operating within the country's evolving legal framework — and a signal that compliance is becoming the price of entry in Latin America's second-largest economy.
The registrations take immediate effect.
