Quantcast

Bitget secures UK FCA registration amid ongoing scrutiny

Mercurity Fintech to build $200 million SOL treasury with backing from Solana Ventures Ltd.
Out with gold, in with Bitcoin: India's ultra-rich are betting everything on crypto
Trump’s media company reports $2B in Bitcoin after crypto bills pass US House
UK to sell $7.2 billion worth of Bitcoin (BTC)
BloFin Adds Apple Pay Support; An Even Smoother Crypto Buying Experience for Traders
Bitcoin creator Satoshi Nakamoto is the world’s 11th richest person
Binance Launches TGE Bonding Curve with Four.Meme: Everything You Need to Know
Bernstein expects 'long and exhausting' crypto bull market with bitcoin to hit $200,000 by early 2026
Strategy bags another $472M in BTC as Bitcoin jumps to new highs
Bank of England puts a stop to stablecoins: here's why
UAE Golden Visa is ‘being developed independently‘ — TON Foundation
SEC Sets July Deadline for Solana (SOL) ETF Refilings, Clearing Path for Pre-October Approval
Robinhood's OpenAI-linked token drop triggers demand debate
US Secret Service cracks down on crypto scams
Donald Trump Signs His “One Big Beautiful Bill” Budget Law — What’s the Takeaway?
Crypto exchange OKX wants to go public on Wall Street
Federal Reserve removes 'reputational risk' from bank examinations in a 'win' against crypto debanking
India wants 30% of your crypto gains, but that’s not the worst part
This payment giant announces a stablecoin for 6 million merchants and 10,000 financial institutions
Bitcoin at $21 million by 2046? Michael Saylor revises his predictions upwards
JPMorgan files trademark application for JPMD, citing multiple blockchain use cases
Geopolitical tensions: Gold soars, Bitcoin hesitates
Bitcoin on the rise, towards a new ATH likely
Gemini, Coinbase expected to secure EU licenses under MiCA — Report
Justin Sun lance une Tron Treasury Company avec le soutien de la famille Trump
Negative Rates Return to Switzerland as U.S. Faces Higher Yields. What Does it Mean for Bitcoin?
300 million euros: The Blockchain Group continues to raise funds to accumulate as many Bitcoins as possible
Quintenz says CFTC will need more funding if tasked with broader crypto oversight
These cryptocurrencies are experiencing a massive price increase!
This project combining stablecoin and Bitcoin (BTC) raises $500 million in less than an hour
Bitget secures UK FCA registration amid ongoing scrutiny
Webp gracychen
Gracy Chen (middle), CEO of Bitget | Gracy Chen/LinkedIn

Bitget announced it recently secured registration with the United Kingdom's Financial Conduct Authority (FCA). European regulators have issued multiple warnings and enforcement actions against the exchange.

In Germany, the Federal Financial Supervisory Authority (BaFin) announced an investigation into Bitget for providing unauthorized financial services through its website, bitget.com. Similarly, Austria's Financial Market Authority (FMA) issued a warning earlier this year about the exchange’s unlicensed activities.

In November 2023, France's Autorité des marchés financiers (AMF) blacklisted Bitget, citing its failure to register as a Digital Asset Service Provider (DASP), a legal requirement to operate in France.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Beyond Europe, Bitget has faced regulatory actions in multiple regions. Cyprus barred the platform from offering investment services, and Japan’s Financial Services Agency (FSA) issued a warning about Bitget’s unlicensed operations. In Hong Kong, the Police Force and Securities and Futures Commission (SFC) raised concerns following reports of withdrawal issues. The Securities Commission Malaysia blacklisted Bitget for operating without authorization, and Canadian regulators issued an investor alert about its unauthorized activities.

Bitget’s FCA registration comes as other exchanges, despite substantial investments in compliance, have faced challenges in securing such approval. Binance allocated $213 million in 2023 to enhance its compliance infrastructure, deploying AI tools and hiring 170 additional compliance professionals. The team includes over 60 personnel with regulatory or law enforcement experience and more than 200 Certified Anti-Money Laundering Specialists. Binance also processed over 52,700 law enforcement requests in 2023, assisting nearly 12,700 registered officers through its Government Law Enforcement Request System.

Similarly, Bybit proactively suspended its UK services to align with the FCA's new marketing regulations. The exchange ceased new account applications from October 1, 2023, and advised existing UK users to manage their positions by January 8, 2024. According to the FCA, only four out of thirty-five crypto firm applications were approved in the fiscal year ending March 31, 2024.

Organizations Included in this History
More News

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025

Binance has announced an update to the collateral ratios for several assets under its Cross Margin platform, set to occur between July 25 and August 1.

Jul 18, 2025

Vitalik Buterin, co-founder of Ethereum, said that building layer-2 networks to leverage Ethereum’s core features delivers security and efficiency unachievable by earlier enterprise blockchains.

Jul 18, 2025

Changpeng "CZ" Zhao, founder of Binance, said that the New York Stock Exchange (NYSE) should not be equated with the entire U.S. economy.

Jul 18, 2025

Marina Markezic, co-founder of the European Crypto Initiative, said that increased regulatory attention on Maximal Extractable Value (MEV) necessitates counter-measures to protect users and maintain market integrity while ensuring blockchain...

Jul 16, 2025

Changpeng Zhao, founder of Binance, has said that a Bloomberg article contained multiple factual errors and suggested that legal action for defamation could be considered again.

Jul 16, 2025