Bitget secures full crypto licence in El Salvador
The firm sees opportunities for growth in El Salvador, where Bitcoin adoption remains low but regulatory clarity is high.
The leading crypto exchange, Bitget, has secured full regulatory approval in El Salvador. It has received both the Digital Asset Service Provider (DASP) and Bitcoin Services Provider (BSP) licences.
The expansion enables the exchange to offer an array of crypto services in the country. It includes spot and derivatives trading, staking, wallet infrastructure, and custody services. Bitget’s dual licensing enables it to offer a wider range of digital assets beyond Bitcoin to local users.
Additionally, Bitget plans to provide staking and futures trading services, along with educational initiatives to improve crypto literacy. The platform is customising its services to ensure secure and regulated crypto engagement for Salvadoran users.
El Salvador has a proactive approach to digital asset regulation, which is essential for its growth.
As part of its global strategy, Bitget has already secured licences in Hong Kong, Lithuania, and the UAE. The company is focused on expanding into regulated markets, offering secure and reliable services globally.
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