The Good Tech Companies - Freedx Secures Key DASP License In El Salvador
Episode Date: April 8, 2025This story was originally published on HackerNoon at: https://hackernoon.com/freedx-secures-key-dasp-license-in-el-salvador. This marks a significant milestone for Free...dx that showcases the exchange’s commitment to become a trusted, compliant and accountable platform in the crypto ec Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #freedx, #chainwire, #press-release, #freedx-announcement, #blockchain-development, #digital-identity, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Freedx has been granted a Digital Asset Service Provider (DASP) license by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. This marks a significant milestone for Freedx that showcases the exchange’s commitment to become a trusted, compliant and accountable platform in the crypto ecosystem.
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Freedex secures key DASP license in El Salvador, by Chainwire.
San Salvador, El Salvador, April 8, 2025, Chainwire,
**Dubai, UAE, San Salvador, El Salvador, Freedex. A centralized exchange built for
crypto newcomers and experienced traders alike, has been granted a digital asset service provider, DASP, license by the Commission
Nacional de Activos Digitals, CNAD, in El Salvador. This marks a significant milestone
for Freedex that showcases the exchange's commitment to become a trusted, compliant and
accountable platform in the crypto ecosystem. El Salvador's dedication to crypto forward policies and favorable regulatory efforts
in the space began in 2021 when they became the first country to recognize Bitcoin as
legal tender.
The enactment of its digital assets law in 2023 positioned the country as a global hub
for digital assets, drawing major industry players like Tether and Binance.
Greater than.
We are truly impressed by the professionalism and preparation demonstrated by greater than
the Freedex team.
Their readiness to launch a successful company is exactly greater than what we are looking
for in companies obtaining the DASP license.
Juan Carlos Reyes, president of CNAD, Freedex is now officially among a select group of
organizations that have obtained the DASP license in El Salvador, known to have a low application success rate due to its rigorous
compliance standards. This license ensures the platform operates within the country's legal
framework, offering users increased regulatory oversight, security, and transparency. As a result,
users can confidently trade and invest, knowing their assets are emanaged under strict compliance.
Additionally, El Salvador's pro-crypto policy sand-growing blockchain ecosystem provide
exciting opportunities for investment and innovation.
Continuing Freedex's goal to establish its brand as a global platform, the company is
attending two major conferences, Paris Blockchain Week, PBW, and El Salvador Digital Asset Summit.
At PBW, FreeDex will sponsor an exclusive VIP diner at the Louvre and partake in panel
discussions at the main stage of the event.
Meanwhile, at the Digital Asset Summit, FreeDex will focus on exhibiting its brand across
the conference hall.
Greater Than
We are all thrilled and honored to have been granted the coveted DASP greater than license
by the Comisión Nacional de Activos Digitals.
El Salvador is a beacon greater than in the crypto space and is setting the standard for
countries looking to greater than undergo a digital and technological revolution,"
Jonathan Farnall, CEO at Greater Than Freedex said.
This achievement speaks volumes about the hard work the Friedrichs Greater Than team
is doing to ensure we offer a compliant and transparent experience for greater than our
users.
Greater Than This achievement marks a pivotal step forward for our exchange, reinforcing
greater than our dedication to security, transparency, and innovation in the digital asset greater
than space.
Operating under El Salvador's strict and rigorous regulatory framework Greater Than ensures that we maintain the highest standards in listing assets and handling greater than space. Operating under El Salvador's strict and rigorous regulatory framework greater
than ensures that we maintain the highest standards in listing assets and handling greater
than user deposits. This license not only safeguards user funds but also instills greater
than confidence that their assets are managed securely and in full compliance with greater
than legal requirements. Said Raks Sondi, COO at Freedex. About Freedex
Freedex is a next-generation cryptocurrency exchange designed by traders, for traders.
Founded by a team of industry veterans from top financial and crypto institutions such
as Binance, Deutsche Bank, Upbit, eToro, and more, Freedex brings together deep expertise
in trading, technology, and risk management.
Guided by a user-centric philosophy,
Freedex combines professional-grade trading technology with a sleek and intuitive interface,
empowering a broad spectrum of users to trade confidently in the rapidly evolving digital asset
landscape. To learn more about Freedex and to stay informed of the latest developments,
users can visit https://freedex.com or follow Freedex on social
media.
Disclaimer.
Freedex, S-A-D-C-V, trading under the brand name of Freedex is a licensed and regulated
cryptocurrency exchange and bitcoin service provider under the laws of El Salvador, operating
in full compliance with applicable regulatory frameworks.
Our services are accessible only to users who sign up on their own initiative, and we
do not actively market or solicit users from any jurisdiction where regulatory approval
is required.
Users must successfully complete onboarding and KYC verification, and access to platform
features remains subject to jurisdictional restrictions and compliance with relevant
laws.
Contact Head of Marketing Raheel Bhagat, FreedXR Bhagat at FreedX.com.
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