WEEX obtains Bitcoin Service Provider License (BSP) issued by the Salvadoran government, and its globalization process continues to accelerate

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MarsBit
04-07
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Mars Finance News, recently, WEEX has officially obtained the Bitcoin Service Provider (BSP) License issued by the Salvadoran government, further improving its global compliance layout. The acquisition of the BTC SP license means that WEEX can legally provide services in El Salvador, including: Bitcoin custody services; digital exchanges or trading platforms; Bitcoin digital wallets, and payment processing services.

Previously, WEEX announced that its global headquarters has officially landed in the core financial district of Dubai, forming an international office team of over 600 people, becoming one of the largest crypto asset trading platform office organizations in Dubai. Obtaining the El Salvador Bitcoin Service Provider license also demonstrates WEEX's steady and strategic forward-looking steps in its global compliance strategy.

Andrew Weiner, Vice President of WEEX, stated: "We have always adhered to compliance first, steadily advancing our global strategy in countries with clear regulatory systems. El Salvador's forward-looking and transparent approach to digital asset regulation is extremely attractive to crypto compliance enterprises like WEEX that focus on long-term value and stable operations. In the future, we will continue to strengthen cooperation with regulatory agencies and help promote the healthy development of the cryptocurrency industry ecosystem."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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