Bitfinex Securities Starts Operations In El Salvador – Here Are The Details
Over the last few years, El Salvador has been making considerable efforts to become Latin America’s crypto hub.
Today, two and a half years after adopting Bitcoin as a legal currency in the country, Bitfinex Securities announced the launch of Bitfinex Securities El Salvador S.A., the first platform to offer tokenized securities.
Related Reading: Bitcoin Long Positions Surge On Bitfinex: Whales Add 4,230 BTC, Signaling Potential Price Reversal Launching The First Licensed Digital Asset Platform In El Salvador On January 31, 2024, Bitfinex Securities officially became the first registered and licensed digital assets service provider to launch in El Salvador, and it’s now accepting customer applications. Last year, El Salvador approved the Digital Asset Securities Law, allowing Bitfinex Securities to apply for and receive approval for the first digital assets license under this regulatory framework.
This new law, as Juan Carlos Reyes, President of the National Commission of Digital Assets (NCDA), explained: (…