Digital assets investment platforms Binance, Bybit, and Bitget have scrapped their campaigns offering tokenized exposure to SpaceX's highly anticipated initial public offering.
Bitget has secured registration as a Virtual Asset Service Provider in Argentina, strengthening its regulatory position in one of Latin America's most active digital asset markets. The move places the exchange under the country's current compliance framework as it pursues a broader regional expansion.
Binance, Bybit and Bitget canceled SpaceX IPO access products as tokenized stock platforms struggled to source the underlying shares. Binance, Bybit and Bitget cancel SpaceX tokenized IPO campaigns after allocation shortfall.
All three exchanges are issuing full refunds and additional compensation to affected users.
Bitget Wallet has announced that its SpaceX tokenized IPO offering received no allocation, meaning participants will not receive the expected equity exposure. The platform said it will refund and compensate affected users.
Bitget said that it completed registration in Argentina as a Virtual Asset Service Provider, or PSAV, under the National Securities Commission's registry. The company said the registration strengthens its regulatory position in Latin America. The milestone affects Bitget's operations within Argentina's current virtual asset framework.
Bitget, the worlds largest Universal Exchange (UEX), has officially registered as a Virtual Asset Service Provider (PSAV) in Argentina under the regulatory framework established by the countrys National Securities Commission (CNV). The approval places Bitget in Argentinas official registry of virtual asset service providers, marking a significant milestone in the companys ongoing expansion across Latin America.
Registration enhances the exchange's regulatory compliance across Latin America.
Bitget has secured registration in Argentina as a Virtual Asset Service Provider, adding another regulated market to its Latin American footprint as crypto adoption in the country approaches 20% of the population. According to a press release shared with crypto.
Bitget has completed registration in Argentina as a Virtual Asset Service Provider (PSAV) under the National Securities Commission (CNV) PSAV registry. The registration marks another step in Bitget's expansion across Latin America, where the company continues strengthening its regulatory positioning across key markets. Argentina joins a growing list of markets where Bitget has local registrations and compliance efforts as part of its broader expansion strategy. The registration supports compliance and AML/CFT oversight requirements as an obligated entity before Argentina's Financial Information Unit (UIF) and other competent authorities. The registration also places Bitget within Argentina's current framework for virtual asset service providers as regulatory oversight of the sector continues evolving across the country.
Bitget is expanding its CFD strategy with a new Zero-Fee Mode as daily volume moves closer to $10 billion. The update strengthens the exchange's Universal Exchange model, where crypto and traditional market products sit inside one trading ecosystem.
Bitget's investment in AI access for all employees could set a precedent for tech-driven productivity enhancements across industries. Bitget secures enterprise Claude access for all 2,167 employees at $200 per head.