Bitget has received a Bitcoin Service Provider (BSP) License in El Salvador, allowing it to offer various services, including Bitcoin to fiat exchange, payment facilitation, and secure custody solutions. This move is part of Bitget's broader strategy to expand into new markets, with El Salvador serving as a gateway to the Latin American market due to its crypto-friendly regulations. Bitget is also considering re-entry into the U.S. market and establishing a regional MiCA compliance hub in Europe. Meanwhile, El Salvador is seeking new compliance solutions and has agreed to reduce its Bitcoinization goals to secure a massive IMF loan. This partnership benefits both Bitget and El Salvador in achieving their long-term growth targets. #Bitget #ElSalvador #Crypto #Expansion #Regulation #Bitcoin
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