Freedx Officially Operates in El Salvador with DASP License!

Jakarta, Pintu News – Freedx, a growing crypto exchange, has just secured a Digital Asset Service Provider (DASP) license from the El Salvador Comisión Nacional de Activos Digitales (CNAD). With this license, Freedx can now operate legally and increase user confidence in the country.

Check out the full news below!

DASP License Acquisition by Freedx

Freedx’s possession of the DASP license marks a major step in their expansion in Latin America. The permit was granted after a rigorous evaluation that showed that Freedx met all the safety and compliance standards set by CNAD.

Juan Carlos Reyes, President of CNAD, admired the Freedx team’s professionalism, who had prepared well to enter the El Salvador market.

Jonathan Farnell, CEO of Freedx, expressed his delight at this achievement. According to him, El Salvador is an important symbol in the crypto world and an example for other countries that want to experience a digital and technological revolution.

This license not only allows Freedx to operate but also strengthens its position as a safe and trusted platform.

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El Salvador as a Global Crypto Hub

Since adopting Bitcoin (BTC) as a legal currency in 2021, El Salvador has been working to attract investment in the digital assets sector. In 2023, the country launched a new law to attract global digital asset companies. Major exchanges like Tether (USDT) and Binance have already started operating there, and now Freedx is following in their footsteps.

The move will strengthen El Salvador’s digital economy and attract more foreign investment. Freedx’s success in obtaining a DASP license demonstrates El Salvador’s commitment to becoming a crypto innovation hub that attracts local and international companies.

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Freedx Expands Its Footprint

To continue strengthening its presence, Freedx plans to participate in several major crypto events. They will sponsor a VIP dinner at The Louvre during Paris Blockchain Week and participate in a keynote panel. This is an opportunity for Freedx to introduce their platform to a wider global audience.

Freedx COO Raks Sondhi emphasized that this achievement is an important step for the exchange. According to him, it confirms Freedx’s commitment to security, transparency, and innovation in the digital asset space. This not only increases Freedx’s visibility but also demonstrates its dedication to leading the market with innovation and trusted services.

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Reference

• Crypto Times. FreedX Receives DASP License to Operate in El Salvador. Accessed on April 11, 2025
• Featured Image: Generated by Ai