Binance announced it has become the first fully licensed crypto exchange in El Salvador after being granted both Bitcoin Services Provider license (BSP), by the Central Reserve Bank (Banco Central de Reserva), and the first non-provisional Digital Assets Services Provider license (DASP), by the National Commission of Digital Assets (Comisión Nacional de Activos Digitales).
To date, Binance has had approvals and registrations in 18 markets worldwide, including France, Italy, Spain, Sweden, Dubai, and more.
El Salvador became the first country in the world to recognize Bitcoin as a legal tender in 2021.