Bitget obtains Bitcoin Service Provider (BSP) license in El Salvador
ChainCatcher news, recently, the Central Reserve Bank of El Salvador (Banco Central de Reserva) granted a Bitcoin Service Provider (BSP) license to Bitget. At the same time, Bitget is applying for a Digital Asset Service Provider (DASP) license from the National Commission of Digital Assets in El Salvador to further expand its service offerings. To strengthen its presence in the Latin American market, Bitget plans to establish a local team in El Salvador to support business operations and enhance user experience.Bitget's Chief Business Officer Min Lin stated: "Latin America is a core area for crypto innovation, with immense potential. As the first country to adopt Bitcoin as legal tender, El Salvador offers significant insights for advancing the industry. Obtaining the BSP license is an important step in Bitget's globalization strategy. We are committed to promoting the development of the crypto ecosystem in the region by providing secure, convenient, and innovative services, and contributing to financial inclusion and regional economic growth."