Bitfinex Bounces to El Salvador: Crypto Game Levels Up

Bitfinex Derivatives is ditching Seychelles to set up shop in El Salvador after bagging a DASP license.

Why? The country’s new crypto laws let companies tokenize everything from real estate to debt, making it easier to raise capital and offer investor returns.

El Salvador’s been on the grind - its Digital Assets Securities Law paved the way, and in 2024, Bitfinex dropped tokenized US Treasury bills under its framework.

Source: Cointelegraph$BTC