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Bitget announced they obtained a Bitcoin Service Provider license from El Salvador’s Central Reserve Bank.&nbsp; 
The license <a href="https://www.bitget.com/blog/articles/bitget-bsp-license-el-salvador" target="_blank" rel="nofollow">allows Bitget</a> to facilitate Bitcoin-to-fiat exchanges, Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) payments, and custody services in the country. With the BSP license, Bitget can now offer Bitcoin-focused services such as buying, selling, storing, and transferring BTC. 
This milestone is part of <a href="https://crypto.news/tag/bitget" target="_blank">Bitget’s</a> broader strategy to strengthen its regulatory standing and expand globally.&nbsp; 
The company is also pursuing a Digital Assets Service Provider license from El Salvador’s National Commission of Digital Assets. This additional license would enable Bitget to offer services for other cryptocurrencies beyond Bitcoin in <a href="https://crypto.news/tag/El-Salvador/" target="_blank">El Salvador</a>. 
El Salvador has emerged as a global hub for cryptocurrency adoption since declaring Bitcoin a legal tender in 2021. The country’s pro-Bitcoin policies provide an entry point for companies like Bitget to expand in Latin America, a region where crypto is being used for remittances, financial inclusion, and as a hedge against volatile fiat currencies. 
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<h2 class="wp-block-heading" id="bitget-s-recent-moves">Bitget’s recent moves</h2> 
Bitget has also obtained Virtual Asset Service Provider licenses in <a href="https://crypto.news/bitget-joins-binance-in-obtaining-regulatory-approval-in-poland/" target="_blank">Poland</a> and Lithuania, <a href="https://crypto.news/bitget-eyeing-lithuania-for-european-regional-hub/" target="_blank">facilitating its operations</a> in European markets. The exchange recently re-entered the UK market <a href="https://crypto.news/bitget-re-enters-uk-market-with-local-rules-compliance/" target="_blank">through a partnership</a> with Archax to comply with the Financial Conduct Authority’s promotional guidelines. 
To enhance its presence in Latin America, Bitget plans to establish a dedicated team in El Salvador. This initiative aims to improve service delivery and foster stronger relationships with local users. 
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Bitget secures Bitcoin service provider license in El Salvador

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