Summary
- Bitfinex Derivatives has secured a Digital Asset Service Provider (DASP) license in El Salvador.
- As a result, Bitfinex plans to relocate its operations from Seychelles to El Salvador.
- Paolo Ardoino, the Chief Technology Officer (CTO), stated that this move shows El Salvador is emerging as a global financial hub.
Bitfinex Derivatives has successfully relocated its operations to El Salvador.
According to Cointelegraph, a cryptocurrency-focused media outlet, the derivatives division of the cryptocurrency exchange Bitfinex has secured a Digital Asset Service Provider (DASP) license to operate virtual asset businesses in El Salvador.
As a result, Bitfinex Derivatives will transfer its operations from Seychelles to El Salvador.
Paolo Ardoino, the Chief Technology Officer (CTO) of Bitfinex and Chief Executive Officer (CEO) of Tether (USDT), stated, "This move demonstrates that El Salvador is emerging as a global financial hub."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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