🚀🇸🇻 Binance announced that it has obtained two licenses to operate in El Salvador as it seeks to increase its legitimacy worldwide. They are now licensed in 18 markets! 💪

🏦 The Central Bank of El Salvador granted Binance a Bitcoin Services Provider (BSP) license, while the El Salvador National Commission for Digital Assets granted the company a non-provisional Digital Asset Services Provider license (DASP).

🎉 “These licenses allow Binance to expand the products and services offered, including options that fit the needs of our customers in El Salvador,” said Daniel Acosta, Binance general manager for Colombia, Central America and the Caribbean.

🌋 In January, the Legislative Assembly of El Salvador passed a law regulating digital securities and creating a framework for launching the Central American country's bitcoin-backed bonds, also known as "Volcano Bonds." In April, Bitfinex said it had received the country's first digital asset service provider license.

😂 So, do you think Binance will be able to achieve volcanic success in El Salvador? We are waiting your comments! 🌋📈