Bitunix, the world’s fastest-growing cryptocurrency exchange, has obtained a Bitcoin Service Provider (BSP) license in El Salvador. The license allows Bitunix to provide regulated Bitcoin-related services in the country, including bitcoin-to-fiat exchanges, custody, and payment services, in accordance with El Salvador’s digital asset framework. In addition, Bitunix is working to obtain a Digital Assets Service Provider (DASP) license to expand its services beyond Bitcoin in the region.

The approval marks another step in Bitunix’s global compliance efforts as the exchange continues to expand into regulated markets. El Salvador has become one of the world’s most recognized jurisdictions for Bitcoin after becoming the first country to adopt it as legal tender, making it an important market for companies building long-term crypto services.

With the BSP license, Bitunix can legally offer a range of Bitcoin services to users and businesses in El Salvador while operating under the country’s regulatory requirements.

“Obtaining the BSP license reflects our commitment to building Bitunix in a compliant and responsible way,” said Bitunix’s Chief Strategy Officer, Steven Gu. “El Salvador has established itself as one of the leading jurisdictions for Bitcoin innovation, and we’re pleased to become part of its growing digital asset ecosystem. We look forward to bringing secure and accessible Bitcoin services to users in the region.”

Latin America Remains a Key Growth Market for Bitunix

Bitunix

Latin America remains one of Bitunix’s priority regions as cryptocurrency adoption accelerates across the continent. While obtaining the Bitcoin Service Provider license in El Salvador is an important milestone, the exchange’s long-term focus extends across the broader LATAM market. Bitunix has been steadily expanding its presence in the region through local partnerships, community initiatives, and active participation in major industry events.

This year, Bitunix served as the Title Sponsor of the Peru Blockchain Conference, one of the region’s leading blockchain events, and has participated in several other crypto conferences across Latin America this year and last. By maintaining a strong presence on the ground, Bitunix aims to better understand local markets, connect with users and industry leaders, and support the continued growth of the digital asset ecosystem across the region.

Building a Strong Regulatory Foundation

The new license strengthens Bitunix’s presence in Latin America and supports the company’s broader strategy of expanding its regulated operations worldwide. Bitunix continues to invest in compliance, security, and transparent operations while making cryptocurrency services more accessible to users across different markets.

The Bitcoin Service Provider license in El Salvador adds to the company’s growing list of regulatory registrations across different markets. These registrations support Bitunix’s approach to operating in regulated markets while meeting local compliance requirements. As the exchange continues to expand internationally, obtaining licenses and registrations in different jurisdictions remains an important part of providing services to users around the world.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange trusted by over 5 million users across more than 150 countries. Guided by its core principle of better liquidity, better trading, the platform is built for traders who expect more, committed to providing Ultra Trust, Ultra Products, and Ultra Experience. Bitunix offers a fast registration process and a user-friendly verification system to ensure safety and compliance. With global standards of protection through Proof of Reserves (POR) and the Bitunix Care Fund, the exchange prioritizes user trust and fund security. Industry-first innovations like Fixed Risk, TradingView-powered chart suite, along with indicator alerts, cloud-synced templates, provide both beginners and advanced traders with a seamless experience. Making Bitunix one of the most dynamic platforms on the market.

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Sam Cooling
Sam Cooling
Lead Editor

Sam Cooling is the Lead Editor at 99Bitcoins.com and is based in London, UK. Sam Cooling steers News Strategy and Written Content with our market-breaking news team, with over half a decade of experience in cryptocurrency journalism and crypto trading.... Read More

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