Tagged: el salvador

May 7, 2026 @ 9:44 am By JD Alois  |  

Bitso, a Latin American digital asset firm, says it has been approved to issue Mexican peso-pegged stablecoins MXNB. Bitso received its approval from El Salvador’s National Commission of Digital Assets (CNAD) for Nvio Pagos El Salvador, S.A. de C.V. to act as issuer of the… Read More

April 1, 2026 @ 11:20 am By Omar Faridi  |  

Tether, the company behind the world’s largest stablecoin (USDT) in terms of market cap and adoption, has parted ways with two experienced precious metals specialists it recruited from HSBC just months earlier. The move comes as the El Salvador-headquartered firm continues to expand its physical… Read More

November 7, 2025 @ 7:55 am By Omar Faridi  |  

Hadron by Tether, the asset tokenization platform of Tether, KraneShares, the global asset management group, and Bitfinex Securities, the regulated tokenized securities platform, entered into an agreement to accelerate the ongoing development and adoption of tokenized securities across major markets. As tokenization reshapes the manner… Read More

September 7, 2025 @ 8:44 pm By Omar Faridi  |  

In a recent development for the cryptocurrency and commodities markets, Tether, one of the world’s stablecoin issuers, is intensifying its investment in gold, aligning its strategy with El Salvador’s recent move to bolster its national reserves with the precious metal. This convergence of interests highlights… Read More

August 21, 2025 @ 1:12 pm By JD Alois  |  

Valereum Plc (AQSE: VLRM), operator of a licensed and regulated Digital Asset Service Provider (DASP) in El Salvador, has selected ZIGChain as a lead blockchain and white label tokenization provider, DigiShares, to enable the regulated issuance of digital assets on its real-world assets (RWAs) marketplace…. Read More

August 11, 2025 @ 5:10 pm By Michael Wong  |  

El Salvador’s Legislative Assembly has approved comprehensive Investment Banking Law legislation establishing specialized financial institutions for high-net-worth and institutional clients. The measure passed with 55 votes during the assembly’s 68th plenary session. The law creates a regulatory framework for investment banks offering asset management, financial… Read More

May 27, 2025 @ 4:42 pm By JD Alois  |  

Tokeny will be working with a licensed Digital Asset Service Provider (DASP), Ditobanx.  According to a public statement, Ditobanx is seeking to enter into the RWA tokenization sector. Ditobanx says it will be launching COINGT, a $325 million tokenized infrastructure initiative backed by equity in the… Read More

May 14, 2025 @ 10:14 am By JD Alois  |  

Bitget Wallet, a non-custodial wallet, says it will soon offer “an on-chain index fund experience to retail crypto users.” The Reserve’s Decentralized Token Folios (DTFs) is said to be a diversified group of digital assets in a single token. Bitget is describing the token as… Read More

January 13, 2025 @ 2:17 pm By JD Alois  |  

Tether, the issuer of the largest stablecoin in the world – US dollar-based USDT, has relocated its business to El Salvador, a central American country that has embraced digital asset innovation. El Salvador has experienced a renewal in its prospects following the election of a… Read More

January 8, 2025 @ 12:28 pm By JD Alois  |  

El Salvador has not only experienced a dramatic reduction in crime due to successful policies enacted by the current government, but the Latin American country has also embraced digital asset innovation. Another sign of crypto acceptance is that European digital asset firm Tokeny has signed… Read More

November 19, 2024 @ 7:55 pm By JD Alois  |  

Nexbridge, in partnership with Bitfinex Securities, will offer tokenized US Treasuries, according to a release. The digital securities will utilize Bitcoin’s Liquid Network and Blockstream’s AMP technology. USTBL is said to be the first regulated offering for “US Treasury exposure” built on Bitcoin tech. The… Read More

July 19, 2024 @ 4:29 pm By Omar Faridi  |  

Velocity Global, which claims to be the world’s expert on work, announced that it has successfully opened new entities in El Salvador and Georgia, “allowing customers easy and compliant access to talent in these economies.” The new entities will open opportunities for organizations and local… Read More

April 11, 2024 @ 8:59 am By JD Alois  |  

Bitfinex Securities El Salvador S.A. has issued a statement on a security token, or digital security, offering to help finance the Hampton by Hilton Hotel in El Salvador. The project expects to create 1000 jobs during construction and, eventually, 5000 direct and indirect jobs upon… Read More

December 8, 2023 @ 8:45 am By JD Alois  |  

Tether, the largest dollar-referenced stablecoin issuer by market cap, says it is working with El Salvador on its “Adopting El Salvador Freedom Visa Program.” The Visa program aims to attract individuals who will help boost the economy of the Central American country. The program is… Read More

August 16, 2023 @ 5:21 pm By Omar Faridi  |  

Paymentology, the global issuer-processor, announces an expanded partnership with Mastercard (NYSE: MA) to bolster financial inclusion across Guatemala, Honduras, and El Salvador. According to a recent Mastercard and Americas Market Intelligence (AMI) study, while most Latin Americans gained “access to basic financial products between 2020… Read More

August 10, 2023 @ 8:26 am By Omar Faridi  |  

Binance has announced that it has become the first fully licensed crypto exchange in El Salvador “after being granted both a 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),… Read More

June 6, 2023 @ 2:57 pm By Omar Faridi  |  

Tether, the company operating the fintech platform tether.to that powers the first and most “widely used” stablecoin in the world, announced it “has participated in the first round of a new billion dollar renewable energy initiative in El Salvador.” Following on its mission to invest… Read More

April 11, 2023 @ 4:35 pm By JD Alois  |  

Bitfinex Securities El Salvador S.A. de C.V., has been granted the “first ever” license as a Digital Asset Service Provider under El Salvador’s new Digital Assets Issuance Law or Ley de Emisión de Activos Digitales – which became law in January 2023. Bitfinex Securities El Salvador… Read More

November 19, 2022 @ 6:25 pm By Omar Faridi  |  

Paysend, the UK-based fintech, introduced Paysend Libre, which will “allow unbanked users in Northern Central America (Guatemala, Honduras, El Salvador) to receive remittances from the U.S. instantly to a Paysend virtual Mastercard digital card.” The virtual card is ready “to use in minutes for cash… Read More

August 11, 2022 @ 4:32 pm By JD Alois  |  

Structured.fi has launched its mobile service in El Salvador, a country that has embraced Bitcoin by making it legal tender. Millions in El Salvador are already using the Chivo digital wallet for transactions. Structured.fi is offering a platform that enables investing in both traditional and… Read More