The Good Tech Companies - Freedx Secures Key DASP License In El Salvador

Episode Date: April 8, 2025

This 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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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. 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
Starting point is 00:00:47 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
Starting point is 00:01:14 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.
Starting point is 00:01:55 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
Starting point is 00:02:26 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
Starting point is 00:02:55 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.
Starting point is 00:03:30 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
Starting point is 00:04:07 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.
Starting point is 00:04:34 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. Tip This story was distributed as a release by Chainwire under Hacker Noon's Business Blogging Program. Learn more about the program here. And thank you for listening to this Hacker Noon story, read by Artificial Intelligence.
Starting point is 00:05:01 Visit HackerNoon.com to read, write, learn and publish.

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