Bitfinex Secures DASP License in El Salvador
- Bitfinex Derivatives received a Digital Asset Service Provider (DASP) license in El Salvador.
- The platform will offer derivatives through Bitfinex Derivatives El Salvador S.A. de C.V.
- El Salvador holds over 6,000 BTC, valued at approximately $596 million.
The acquisition of the DASP license allows Bitfinex to legally expand its derivatives services in El Salvador, aligning with local regulations. This move could attract more institutional and retail traders to the platform, leveraging El Salvador’s significant Bitcoin holdings as a strategic advantage in the Latin American market.
