Bitget received a license from the Dubai regulator.

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The crypto exchange Bitget announced that it has received the DIFC Innovation License from the Dubai International Financial Centre (DIFC) as part of its expansion strategy in the Middle East and North Africa (MENA). This was stated in a release provided to Incrypted.

As noted by the company, the DIFC Innovation License will provide the exchange with access to one of the most progressive financial hubs in the region, offering the opportunity to operate within a favorable environment that supports innovation.

As part of the DIFC Innovation Hub, Bitget has joined more than 700 fintech and blockchain companies, strengthening its position among the leaders in the adoption of digital assets in the UAE and beyond.

According to the press release, the new license will allow the exchange to collaborate with regional partners, develop solutions for the local market, and explore various opportunities both in Dubai and across the MENA region. It also paves the way for the company to obtain a full license from the Dubai Virtual Assets Regulatory Authority (VARA).

Bitget also noted an increase in interest in digital assets in the region. In particular, MENA is among the fastest-growing cryptocurrency markets, with the UAE and Saudi Arabia among the leaders.

Dubai has become a key blockchain center due to progressive regulation and investor activity. Bitget's presence in DIFC provides the company with direct contact with regulators, venture capital, and strategic partners, as highlighted in the release.

Acquiring this license aligns with Bitget's global strategy to expand regulatory compliance. In particular, in 2025, the exchange registered in jurisdictions such as El Salvador, Argentina, and Georgia (Free Zone Tbilisi), and also established cooperation with regulators in Latin America and Southeast Asia.

Registration in Dubai demonstrates the company's intention to strengthen institutional ties and further offer products that meet local requirements and preferences, the organization stated.

Although the DIFC Innovation License is not a license for working with virtual assets, but rather a commercial license, it opens up opportunities for Bitget to closely interact with other Web3 startups and technology companies within the DIFC ecosystem.

Given the projected acceleration in the growth of crypto transactions, cross-border transfers, and tokenized real assets (RWA) in the region, Bitget's strategic entry into the DIFC reflects the company's confidence in the long-term significance of MENA for the digital economy.

The exchange will continue to assess licensing opportunities under the auspices of VARA and other regional regulators as part of its multi-level compliance and regulatory strategy.

VARA-6.21%
RWA-11.6%
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