{"id":102443,"date":"2024-12-16T19:35:19","date_gmt":"2024-12-16T23:35:19","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=102443"},"modified":"2024-12-16T19:36:34","modified_gmt":"2024-12-16T23:36:34","slug":"bitget-secures-bitcoin-service-provider-license-in-el-salvador","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitget-secures-bitcoin-service-provider-license-in-el-salvador\/","title":{"rendered":"Bitget Secures Bitcoin Service Provider License in El Salvador"},"content":{"rendered":"\n<p>Bitget declared that the Central Reserve Bank of<a href=\"https:\/\/coinscreed.com\/staging\/el-salvador-celebrates-first-bitcoin-anniversary.html\" target=\"_blank\" data-type=\"post\" data-id=\"35416\" rel=\"noreferrer noopener\"> El Salvador<\/a> had granted them a license to operate as a Bitcoin service provider.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1734390332154-1024x576.jpeg\" alt=\"Bitget Secures Bitcoin Service Provider License in El Salvador\" class=\"wp-image-102444\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1734390332154-1024x576.jpeg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1734390332154-300x169.jpeg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1734390332154-768x432.jpeg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1734390332154-860x484.jpeg 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1734390332154.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Bitget Secures Bitcoin Service Provider License in El Salvador<\/figcaption><\/figure>\n\n\n\n<p>With the license, Bitget is able to provide custody services, Bitcoin payments, and <a href=\"https:\/\/www.investopedia.com\/tech\/top-fiat-currencies-used-trade-bitcoin\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin-to-fiat trades<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> throughout the nation. <\/p>\n\n\n\n<p>Bitget can now provide Bitcoin-related services like purchasing, selling, storing, and transferring BTC thanks to the BSP license. <\/p>\n\n\n\n<p>This accomplishment is part of Bitget's larger plan to improve its regulatory position and grow internationally. <\/p>\n\n\n\n<p>Additionally, the business is working to obtain a license from El Salvador's National Commission on Digital Assets as a Digital Assets Service Provider. <\/p>\n\n\n\n<p>Bitget could provide services for cryptocurrencies other than Bitcoin in El Salvador, With this extra license.<\/p>\n\n\n\n<p>Since recognizing Bitcoin as a legal tender in 2021, El Salvador has become a catalyst for using <a href=\"https:\/\/coinscreed.com\/staging\/the-rise-of-celebrity-endorsed-cryptocurrencies.html\" target=\"_blank\" data-type=\"post\" data-id=\"55451\" rel=\"noreferrer noopener\">cryptocurrencies worldwide<\/a>.\u00a0<\/p>\n\n\n\n<p>The nation's pro-Bitcoin laws give businesses like Bitget a way to enter the <a href=\"https:\/\/coinscreed.com\/staging\/revolut-enters-latin-american-market-with-brazil-launch.html\" target=\"_blank\" data-type=\"post\" data-id=\"48944\" rel=\"noreferrer noopener\">Latin American market<\/a>, where cryptocurrencies are being utilized for financial inclusion, remittances, and as a hedge against unstable fiat currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitget declared that the Central Reserve Bank of El Salvador had granted them a license to operate as a Bitcoin service provider.\u00a0 With the license, Bitget is able to provide custody services, Bitcoin payments, and Bitcoin-to-fiat trades throughout the nation. Bitget can now provide Bitcoin-related services like purchasing, selling, storing, and transferring BTC thanks to [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":102444,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[23215,1804,456],"class_list":["post-102443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-bitcoin-service-provider","tag-bitget","tag-el-salvador"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1734390332154.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/102443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=102443"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/102443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/102444"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=102443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=102443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=102443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}