The Binance platform, the largest cryptocurrency exchange in the world, became the first fully licensed exchange of these digital assets yesterday, August 8, in El Salvador, the first country in the world to adopt bitcoin as legal tender two years ago. .

Binance reported, through a statement, that it received the bitcoin service provider license from the Salvadoran Central Reserve Bank and the first non-provisional permit for a digital asset service provider from the local National Digital Assets Commission.

The company called this step a “landmark achievement” in its global expansion efforts, adding to the approvals and registrations it already has in 18 markets, including France, Italy, Spain, Sweden and Dubai, “more than any other.” cryptocurrency exchanger,” he explained.

The head of Binance for Latin America, Min Lin, praised the progress of the Central American country in that field. “Their adoption of blockchain technology has created a thriving sector in El Salvador that demonstrates that security and innovation are complementary assets.”