Binance gets El Salvador's green light to become 'first fully licensed' crypto exchange
Binance has received two licenses in El Salvador, becoming the “first fully licensed” crypto exchange in the country.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Binance said it received two licenses in El Salvador, becoming the"first fully licensed" crypto exchange in the Central American nation.
The two licenses — the Bitcoin Services Provider license by the Central Reserve Bank of El Salvador and the first non-provisional Digital Assets Services Provider license by the National Digital Assets Commission of El Salvador — allow Binance to offer tailor-made products and services in the country, the company said Tuesday.
Binance had already been serving in El Salvador, but"only through an offshore exchange," a company spokesperson told The Block. The licenses now allow the company to expand its services, the spokesperson added. "These licenses allow Binance to expand the products and services offered including options tailored to the needs of our customers in El Salvador," Daniel Acosta, general manager for Colombia, Central America and Caribbean at Binance, said in the statement."It is also a great opportunity to collaborate closely with government authorities to support the adoption of crypto assets in the country, foster financial inclusion, innovation and ensure customer protection.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Binance Receives License to Offer Bitcoin, Digital Asset Services in El SalvadorBinance announces that it has obtained two licenses to operate in El Salvador, expanding its presence in the global market. With these licenses, Binance now holds licenses in 18 countries.
Baca lebih lajut »
Q2 State of Crypto: Market Pulse | Binance ResearchBitcoin's market share increased 5.4% in the 2nd quarter of 2023. BinanceResearch's latest report highlights the impacts of traditional institutions applying for spot Bitcoin ETFs in the crypto market. More insights here ➡️
Baca lebih lajut »
Telegram crypto bots gain momentum in the market: Binance Research⚡Telegram has experienced a burst of activity facilitated by crypto trading bots due to recent rallies of tokens like Unibot, according to Binance Research’s CFO.
Baca lebih lajut »
Huobi Insolvency Rumors Linked to Bulk USDT Selling by Binance: AnalystNotable cryptocurrency analyst, Adam Cochran, has ignited speculation about potential financial instability at cryptocurrency exchange Huobi
Baca lebih lajut »
Bollinger Bands | Binance AcademyBollinger Bands | Definition: A technical analysis indicator that measures market volatility. It's made of two sidelong bands and a simple moving average.
Baca lebih lajut »