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Bitget Secures El Salvador Digital Asset Service Provider (DASP) License After BSP Approval

VICTORIA, Seychelles, April 04, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has obtained the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD), expanding its regulatory framework within the country. This development comes after the earlier acquisition of the Bitcoin Services Provider (BSP) license in 2024. El Salvador is one of the pioneering jurisdictions passing comprehensive legislation supporting the integration of Bitcoin and digital assets into its financial ecosystem and acting as its official currency. It has started to emerge as a hub for global crypto businesses.

With both the DASP and BSP licenses in place, Bitget gains the ability to offer a broad range of digital asset services within El Salvador. The DASP license covers operations such as spot and derivatives trading, staking, and other yield–based financial products alongside infrastructure that facilitates access to crypto–powered savings and investment solutions. Regulatory clarity in the region enables global platforms to expand under a well–defined legal structure, offering users a higher degree of operational transparency and institutional–grade safeguards.

“Our focus at Bitget is to enter countries with a regulated framework for crypto and provide our best services as we expand on our global regulatory strategy,” said Hon Ng, Chief Legal Officer at Bitget. “We are thrilled to be able to offer an array of products through this license, and we are honored by the trust of El Salvador's National Commission of Digital Assets. El Salvador has been ahead of many with its progressive and transparent approach to Bitcoin and digital asset regulation, making it an attractive jurisdiction for good quality Web3 companies aiming to operate responsibly at scale. Bitget will continue to support jurisdictions that offer clear frameworks and support the development of a secure, efficient crypto economy.”

El Salvador’s regulatory environment has gained attention for attracting global crypto firms. Popular crypto entities have already relocated strategic operations to the country. Bitget's licensing strategy aligns with this emerging shift and enables the platform to deliver its services without any disruption. This structure allows the platform to meet demand across both retail and institutional markets with greater legal and operational agility.

The development reflects ongoing trends in jurisdictional competition among nations seeking to attract digital asset innovation. El Salvador’s CNAD has become increasingly active in evaluating and approving service providers, signaling broader regulatory maturity in the region. As firms navigate evolving global standards, Bitget's licenses provide a bridge for cross–border growth and the ability to offer compliant financial products to its users worldwide.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real–time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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1000 Miglia 2025, Official List of Accepted Cars

BRESCIA, Italy, April 04, 2025 (GLOBE NEWSWIRE) — The wait is over: the list of cars that will participate in the 1000 Miglia 2025 has been drawn up by the Selection Committee that, year after year, has the task of choosing the cars that will take part in the “most unique travelling museum in the world”, as Enzo Ferrari defined it.

The over 400 crews selected will be from 29 countries: Italy is the most represented country, closely followed by Netherlands, Great Britain and the United States. As for the cars, 127 pre–war models will take part in the 43rd re–enactment of the Red Arrow. 78, on the other hand, are those that raced in the historic speed competition between 1927 and 1957.

In the exclusive parterre of cars, together with the prestigious collections of Ferrari (17), Bugatti (10) and Bentley (8), there are an impressive 18 pre–war Alfa Romeos. Not to be missed is a unique specimen such as the Biondetti Ferrari–Jaguar Special. On the subject of models, an Aston Martin DB 3 and two fascinating Porsche 550 Spyder RS deserve a special mention.

Awaiting the drivers of the next edition of the Most Beautiful Race in the World, scheduled from Tuesday 17 to Saturday 21 June, is a route of about 1900 kilometres divided into 5 days of competition, along an “figure–or–eight” route inspired by the first 12 editions of the 1000 Miglia speed race. The cities on the route are San Lazzaro di Savena, Rome, Cervia–Milano Marittima and Parma.

Andrea Vesco and Fabio Salvinelli, in pursuit of their fifth consecutive victory at the wheel of the splendid Alfa Romeo 6C 1750 SS Zagato from 1929, will have to watch their backs against expert crews such as Fontanella–Covelli, Aliverti–Polini, Turelli, Tonconogy–Ruffini and Erejomovich–Llnanos, just to name a few. Among the famous faces this year will be Joe Bastianich and Carlo Cracco, who for the occasion will be competing far from the kitchen: one at the wheel of a 1954 Porsche 356 1000 Speedster, the other as navigator in a 1927 Bugatti T40.

As per the regulations, each car participating in the race must have been previously certified by the Registro 1000 Miglia in order to guarantee its authenticity, as well as a standard of excellence worthy of the Most Beautiful Race in the World.

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