El Salvador Grants Freedx Digital Asset Service Provider (DASP) License
The post El Salvador Grants Freedx Digital Asset Service Provider (DASP) License appeared on BitcoinEthereumNews.com.
Advertisement     Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Top centralized crypto exchange, Freedx, has been granted a key Digital Asset Service Provider (DASP) license by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. The license marks a significant milestone for the platform, positioning it as a committed player in providing accountable and trustworthy crypto services. The approval comes as a result of El Salvador’s commitment to crypto-friendly policies, which started in 2021 when the country first recognized Bitcoin as legal tender. This was followed by the enactment of the Digital Assets Law in 2023, which has positioned the country as a global hub for digital assets. Since then, El Salvador has drawn key industry players such as Tether, Binance, and Freedx. Commenting, Juan Carlos Reyes / President of CNAD, said: Advertisement   “We are truly impressed by the professionalism and preparation demonstrated by the Freedx team. Their readiness to launch a successful company is exactly what we are looking for in companies obtaining the DASP license.” With the new license, Freedx becomes the latest of the few crypto platforms to secure the El Salvador DASP license, which is known for its rigorous screening process. Crypto traders in El Salvador can use the platform with confidence to buy, trade, and hold crypto assets, knowing that it will operate within the country’s legal framework. In line with its goal of becoming a recognized global brand, Freedx is attending two major conferences: Paris Blockchain Week (PBW) and the El Salvador Digital Asset Summit. At PBW, Freedx will sponsor an exclusive VIP Dinner at…
Filed under: News - @ April 9, 2025 8:22 am