Binance becomes the first fully licensed cryptocurrency exchange in El Salvador.

Odaily News, August 8th, Binance announced that the Central Reserve Bank of El Salvador (Banco Central de Reserva) has granted Binance the Bitcoin Service Provider License (BSP). At the same time, the National Digital Assets Commission (Comisión Nacional de Activos Digitales) has granted Binance the country's first non-temporary Digital Asset Service Provider License (DASP). With these licenses, Binance has become the first fully licensed cryptocurrency exchange in El Salvador.



So far, Binance has obtained approvals and registrations in 18 markets worldwide, including France, Italy, Spain, Sweden, and Dubai, surpassing any other cryptocurrency exchange. Min Lin, Head of Binance Latin America, stated, "We express our gratitude to the Central Reserve Bank and the National Digital Assets Commission. Their adoption of blockchain technology has created favorable conditions for the thriving development of the industry in El Salvador, proving that 'security' and 'innovation' can go hand in hand. Now, El Salvador joins the list of countries worldwide that have granted regulatory licenses to Binance."