Bitget has officially secured a Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD). This new license comes on the heels of Bitget’s earlier Bitcoin Service Provider (BSP) license acquired in 2024.
With both licenses in hand, Bitget now operates under full regulatory approval in one of the most crypto-forward nations in the world. El Salvador, famously the first country to recognize Bitcoin as legal tender, continues to attract top-tier Web3 businesses with its clear and progressive approach to digital asset regulation.
What the DASP License Means for Bitget and You
Bitget’s new DASP license unlocks a wide array of services for retail and institutional clients alike. The license enables the exchange to offer:
- Spot and derivatives trading
- Staking and yield-based financial products
- Access to crypto-powered savings and investment tools
The license doesn’t just add credibility—it enhances transparency and legal protection for you, the end user. All offerings now operate under a defined legal structure, providing institutional-grade safeguards and regulatory oversight in a rapidly growing market.
Bitget’s Chief Legal Officer, Hon Ng, emphasized the strategic importance of this move:
“Our focus at Bitget is to enter countries with a regulated framework for crypto… El Salvador has been ahead of many with its progressive and transparent approach to Bitcoin and digital asset regulation.”
Recap: Bitget’s BSP License Milestone
Before the DASP license, Bitget had already secured the BSP license from El Salvador’s Central Reserve Bank in December 2024. That license allows Bitget to offer:
- Bitcoin-to-fiat exchange services
- Bitcoin-based payment processing
- Secure custody solutions for institutions and individuals
This made Bitget one of the first major platforms to provide a full-service Bitcoin ecosystem in El Salvador.
Bitget has secured a Bitcoin Service Provider (BSP) license from El Salvador’s Central Reserve Bank, enabling Bitcoin-to-fiat exchanges, payment solutions, and secure custody services. This strategic move marks Bitget’s expansion into Latin America, aligning with El Salvador’s pioneering crypto adoption.Read Now
El Salvador: The New Crypto Hub
El Salvador is rapidly becoming a global hotspot for digital asset innovation. With its regulatory structure now attracting leading crypto entities, including Bitget, the country is positioning itself as Latin America’s crypto capital.
In fact, other prominent exchanges and Web3 companies are already relocating key operations to El Salvador, taking advantage of its friendly legal framework and growing institutional interest.
CNAD’s recent surge in license approvals signals a broader maturity in crypto oversight. For firms like Bitget, it’s a green light to scale legally and securely.
Why This Matters
This dual licensing isn’t just paperwork—it’s a gateway for you to access a broader set of compliant, reliable crypto tools. You can now explore advanced trading products, invest in yield-generating solutions, and manage assets with full regulatory protection—all from a single platform.
Start Using Regulated Crypto Services Today
Ready to take advantage of Bitget’s newly expanded offerings in El Salvador? You can:
- Trade Bitcoin and other digital assets with full legal backing
- Earn yield through regulated staking and savings tools
- Access secure custody solutions backed by institutional standards
Visit Bitget.com to start trading, staking, and exploring regulated crypto finance today.
What’s Next for Bitget
Bitget’s expansion into El Salvador is just the beginning. With increasing jurisdictional competition for crypto leadership, the company is expected to further expand its regulatory footprint in other regions that embrace innovation with clarity.
For now, though, El Salvador is the launchpad—and Bitget is fully licensed to build.
