Bitget has confirmed that it does not hold a license or regulatory approval from the Monetary Authority of Singapore (MAS), stressing that the country remains a restricted market for its crypto exchange.
In a notice published on July 22, the exchange said it is not licensed, approved, registered, authorized, or supervised by MAS. It also stated that it does not offer or market its products and services to users in Singapore.
As Bitget continues to expand globally, we will remain committed to meeting local regulatory requirements and building a trusted platform for our users. https://t.co/fzrgcugpAb
— Gracy Chen @Bitget (@GracyBitget) July 22, 2026
Bitget confirms Singapore is a restricted market
The exchange added that information shared through its website, mobile applications, or social media should not be treated as an invitation or offer to Singapore residents.
The company also noted that MAS currently includes Bitget on its Investor Alert List, which identifies businesses that the public could mistakenly believe are licensed or regulated in Singapore. The listing does not represent an enforcement action or a finding of wrongdoing.
Chief Executive Officer Gracy Chen said Bitget remains focused on complying with regulations as it grows its international presence.
“As Bitget continues to expand globally, we will remain committed to meeting local regulatory requirements and building a trusted platform for our users,”
Chen said.
Some users applauded the platform for its transparency, saying they appreciate Bitget for coming upfront with the information instead of leaving users to figure it out.
READ ALSO: NETSTARS Partners With Bitget Wallet to Advance Stablecoin Payments in Japan
Singapore takes a tougher approach to crypto platforms
Singapore has tightened oversight of digital asset firms in recent years. Since June 30, 2025, companies providing digital token services from Singapore to overseas customers have been required to operate under a licensing framework.
MAS has said such licenses will only be granted in limited circumstances because of concerns over cross-border money laundering and terrorism financing risks.
The regulator has also continued updating its Investor Alert List. In June 2026, Hyperliquid was added to the list, with the platform later stating that it had never claimed to be licensed by MAS.
Bitget continues global expansion under local rules
While Singapore remains off-limits, Bitget is continuing its expansion in other markets through separate regulatory processes.
The exchange recently applied for authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework through Austria’s Financial Market Authority. The application is still under review and does not represent regulatory approval.
Bitget has also expanded its crypto offerings with blockchain-based tokenized products linked to selected U.S. stocks and exchange-traded funds. The exchange said its global growth strategy will continue to follow local regulations, with product availability varying across different jurisdictions. Additionally, Bitget introduced a Cross-Asset Unified Account (UTA), a new trading system that allows users to manage cryptocurrencies and tokenized US stocks under a single margin account.
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