Bitget Receives Bitcoin License in El Salvador, Securing Its Entrance Into Latam

CN
2小时前

Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally. This milestone allows the company to “offer services such as bitcoin-to-fiat currency exchanges, bitcoin payment facilitation, and secure bitcoin custody solutions for its clientele,” according to a press release. Bitget is also processing a Digital Assets Service Provider (DASP) license, to broaden its local service offering to other digital assets different from bitcoin. “Latin America holds immense promise as a hub for crypto innovation, and El Salvador stands out as a pioneer with its bold embrace of Bitcoin as legal tender. Securing the BSP license is a regulatory milestone for Bitget,” said Bitget’s Chief Business Officer Min Lin.

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