Binance gets fully licensed in El Salvador
Binance won two service provider licenses in El Salvador, as its regulatory issues in the United States and Europe still remain. El Salvador’s Central Reserve Bank granted Binance’s Bitcoin services provider license application. At the same time, concurrently, the National Commission of Digital Assets awarded the exchange a non-provisional digital assets services provider license. In the Aug. 8 post, the exchange claimed these approvals would make it the first fully licensed crypto exchange in El Salvador. #Binance is now El Salvador’s first fully licensed crypto exchange! With this, Binance has approvals and registrations in 18 markets worldwide, more than any other crypto exchange, including France, Italy, Spain, Sweden and Dubai.https://t.co/BITj9zxdcZ — Binance (@binance) August 8, 2023 Min Lin, Binance’s head of Latin America, emphasized that winning a license in El Salvador took months. The company furnished the necessary information and underto...