Bitget’s official channel has published an announcement: it has received notice from Fiat24 that, starting June 5, 2026, 12:00 (UTC+8), Fiat24 will suspend new account openings for users in mainland China. As a result, new mainland China users will temporarily be unable to apply for a Fiat24 card via Bitget Wallet Card from that point onward. Users who have already completed card issuance are unaffected and can continue using their cards as normal. Sources: Bitget Wallet official card page and Fiat24 official website.
Editorial breakdown: who is affected, who isn’t
Let’s clarify the scope first, to avoid unnecessary alarm:
- Affected: only “new” users in mainland China—that is, mainland users who want to apply for a Bitget Wallet Card (Fiat24 card) for the first time after 12:00 (UTC+8) on June 5. The account-opening entry point will be closed to this group from that time.
- Not affected: users who have already completed card issuance—your card continues to work normally for top-ups, spending, and linking payment channels; this policy change has no impact on you.
- Not affected: users outside mainland China—this suspension is defined by region, and new account openings in other jurisdictions are not covered by this announcement.
In other words: this is not “Bitget Wallet Card shutting down”—it’s “Fiat24 temporarily closing the account-opening gate for new mainland users.” If you already have a card, today’s news has zero impact on your usage experience.
Why Fiat24, not Bitget itself
Many users don’t clearly understand this relationship, so let’s spell it out: the card-issuing backend behind Bitget Wallet Card is Fiat24. Fiat24 is a Swiss-licensed institution that turns bank accounts into on-chain assets (in NFT form), and Bitget Wallet has integrated its card-issuing capability into its Web3 wallet app. So when you “apply for a card” in Bitget Wallet, the actual account-opening and compliance entity is Fiat24.
This also means: this suspension is a regional policy at the card-issuing backend level, not a decision made solely by the Bitget Wallet product. Any entry point that relies on Fiat24 for card issuance will face the same restriction for new mainland users. When assessing the impact of this kind of news, looking at “who the issuing backend is” is a more accurate approach than looking at “which app’s entry point” is involved.
Mainland users wanting a card: only about 1 day left
The announcement takes effect at 12:00 (UTC+8) on June 5, roughly 1 day from this article’s publication. Bitget’s official wording is also direct: “If you haven’t opened a card yet but have always wanted to try it, we recommend completing your application as soon as possible.”
If you fall into the following situation, you need to decide before the window closes:
- You are a mainland China user
- You have been considering a Bitget Wallet Card (drawn to its 0% top-up fee, $0 monthly fee, and direct multi-chain USDT spending)
- You haven’t completed card issuance yet
After this deadline, the account-opening entry point for new mainland users will be temporarily closed, and no official timeline for resumption has been given (Bitget has only stated it will continue monitoring Fiat24’s subsequent policy changes).
Alternatives: which USDT cards can mainland users still use
If you miss the window, or are already comparing different products, here are alternatives that are friendlier to mainland China users—these cards’ issuing rails do not depend on Fiat24:
- MPCard: supports linking to Alipay, making it one of the most convenient choices for mainland China users. Lower fees (0% top-up + 0.6% FX, below Bitget Wallet Card’s 1.0%), and a more mature product. Considering overall usability, this is the steadiest default option for mainland users.
- Bybit Card: issued natively by the exchange, on the Mastercard network with global acceptance, with a mature KYC system.
- OKX Card: another exchange-issued option, licensed across multiple jurisdictions.
For a more systematic side-by-side comparison, see the USDT card guide for mainland China users and the mainland China compliance guide; for a broader view of the policy environment for card use in mainland China, see the China USDT card country page.
Timeline expectations
- Before 12:00 (UTC+8) on June 5: new mainland users can still apply for Bitget Wallet Card normally.
- After 12:00 (UTC+8) on June 5: the account-opening entry point for new mainland users closes; existing cardholders and users outside mainland China are unaffected.
- Going forward: Bitget Wallet says it will continue monitoring Fiat24’s policy changes and provide updates. Until official confirmation of a resumption date is given, mainland users should avoid assuming when the entry point might reopen.
Editorial recommendations
- Mainland users who want a Bitget Wallet Card and haven’t opened one yet: complete your application before 12:00 (UTC+8) on June 5; if you can’t make it in time, consider alternatives that don’t depend on Fiat24, such as MPCard.
- Existing Bitget Wallet Card holders: no action needed—continue using your card as normal.
- Users outside mainland China: this policy doesn’t concern you; proceed with card applications or usage as planned.
- Mainland users currently choosing a card: focus your decision on “whether the issuing rail is stably open to mainland users”—that’s the core reminder from this event for everyone: choosing a card isn’t just about fees, but also about the stability of the issuing backend’s regional policy.
In short: this is a regional suspension of new account openings for mainland users by Fiat24, not a shutdown of Bitget Wallet Card. Existing cardholders are unaffected, those wanting to open a card should act within the final window, and those who miss it have alternatives like MPCard that are better suited to mainland China users.