Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets. Tether Moves to El Salvador to Focus on Emerging Markets Tether, one […]
Bitfinex Derivatives Moves to El Salvador After Receiving License
Bitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El Salvador S.A. de C.V., a Salvadoran local entity, will now provide these services. Customers must approve a new set of service terms to […]
Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will […]
Bitget Receives Bitcoin License in El Salvador, Securing Its Entrance Into Latam
Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally. This milestone allows the company to “offer services such as bitcoin-to-fiat currency exchanges, bitcoin payment facilitation, and secure bitcoin custody solutions for its clientele,” according to a […]
AiMalls Expands Global Expansion With Dubai License and Upcoming 2025 AI-Powered Shopping App Launch
PRESS RELEASE. AiMalls, a leader in AI, blockchain, and digital commerce, is reshaping online shopping with a focus on transparency, security, and global opportunities. With impressive achievements in 2024, AiMalls is poised for even greater milestones in 2025, driving further global expansion and enhancing its tokenized ecosystem and AI capabilities. Major Milestone Achieved and Exciting […]