Freedx Secures Crucial DASP License in El Salvador: A Step Towards Global Leadership

Freedx, a cryptocurrency exchange geared towards both novice and experienced traders, has been awarded a Digital Asset Service Provider (DASP) license by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. This significant accomplishment solidifies Freedx’s position as a reliable and compliant platform within the rapidly expanding crypto landscape. El Salvador’s pioneering role in embracing digital assets is further exemplified by its recent adoption of Bitcoin as legal tender and its subsequent enactment of a comprehensive Digital Assets Law in 2023, making it a global hub for blockchain innovation. 2021 marked a turning point with El Salvador becoming the first country to recognize Bitcoin as legal tender. The DASP license ensures that Freedx operates within El Salvador’s stringent regulatory framework, offering users increased security, transparency, and confidence in their transactions.