Home Crypto Bitfinex Unveils Securities Platform in El Salvador

Bitfinex Unveils Securities Platform in El Salvador


Bitfinex is one of the oldest cryptocurrency trading platforms. It has launched a platform for the trading of securities in El Salvador. This country was the first to recognize bitcoin as legal tender.

According to a press release seen by CryptoPotato, Bitfinex Securities El Salvador will be the Central American country’s first registered and licensed digital assets service provider.

Bitfinex Securities Platform Launches in El Salvador

Bitfinex Securities El Salvador accepts customer applications at this time and has an issuance pipeline that is awaiting launch.

The launch of the new platform follows the approval by the United States Securities and Exchange Commission, SEC, two weeks ago of several Bitcoin ETFs. The move is based on the belief that investors will demand similar financial instruments to give them exposure to digital assets.

El Salvador had approved a regulatory framework for digital assets around this time last year. This paved the way for fully functional and regulated Bitcoin market. Bitfinex believes that developing a tokenized security industry in the country is a significant leap forward for financial innovation in Latin America.

Paolo Ardoino ,… was ecstatic about his latest accomplishment.

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