El Salvador has authorized Bitget to provide Bitcoin services in the country. The exchange is now seeking further approval to support more tokens.
Crypto exchange Bitget is now authorized to offer Bitcoin-related services in El Salvador.
According to a Dec. 16 announcement, Bitget secured a Bitcoin Service Provider (BSP) license from El Salvador’s central reserve bank. The authorization will allow Bitget to offer a range of services tied to Bitcoin (BTC), including fiat currency exchanges, payment services, and secure custody solutions for users in the country.
The exchange awaits further regulatory approval for a Digital Assets Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets. With this license, Bitget will be able to offer similar trading services for digital assets beyond Bitcoin.
