TechFlow News, December 16 — Recently, the Central Reserve Bank of El Salvador has granted Bitget a Bitcoin Service Provider (BSP) license. Meanwhile, Bitget is also 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 operations and enhance user experience.
Min Lin, Chief Business Officer at Bitget, said: "Latin America is a core region for crypto innovation with immense potential. As the first country to adopt bitcoin as legal tender, El Salvador offers significant insights into industry development. Obtaining the BSP license marks a key milestone in Bitget's global strategy. We are committed to advancing the region's crypto ecosystem by delivering secure, convenient, and innovative services, promoting financial inclusion and regional economic growth."
