Binance, the world’s largest cryptocurrency exchange by trading volume, has recorded another significant milestone as it becomes licensed to render cryptocurrency services in El Salvador.
Leading The Charge For Global Crypto Adoption
Binance has become the first fully licensed cryptocurrency exchange in El Salvador, receiving both the first non-provisional Digital Assets Services Provider (DASP) license from the country’s National Commission of Digital Assets and Bitcoin Service Provider (BSP) from the El Salvador Central Reserve Bank.
The licenses will enable Binance to provide crypto trading, payment, and custody services to El Salvadoran users, as well as to partake in the growth of the nation’s digital economy. The exchange platform will also abide by domestic regulations and the necessary Anti-Money Laundering (AML) standards. Binance will also support El Salvador’s efforts to educate its public about blockchain…
