Bitget secures full licensing in El Salvador for crypto services
Bitget has secured a key license in El Salvador, joining other crypto firms exploring the country’s growing appeal as a regulated hub for digital assets.
Cryptocurrency exchange Bitget has received a digital asset service provider license from El Salvador‘s National Commission of Digital Assets, following its earlier approval for a Bitcoin services provider license earlier in 2024, the company said in a Friday press release.
According to the exchange, the new license allows it to offer more services in the country, including spot and derivatives trading as well as staking and other yield-focused products.
Hon Ng, chief legal officer at Bitget, says the company’s move to grow in El Salvador is linked to the…