🇸🇻 Bitfinex Derivatives relocates to El Salvador

Bitfinex Derivatives is relocating to El Salvador after securing a Digital Asset Service Providers (DASP) license, highlighting the country's ambitions to become a crypto hub for Latin America.

The move aligns with El Salvador's push to develop a robust crypto framework following its 2023 Digital Assets Securities Law.

Bitfinex praised the nation’s progressive regulations, which facilitate tokenization of assets like real estate and investments, and its growing role as a financial hub.