Freedx Secures DASP License in El Salvador, Boosts Crypto Trading Confidence

Freedx, a centralized cryptocurrency exchange designed for both novice and experienced traders, has been granted a Digital Asset Service Provider (DASP) license by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. This achievement underscores Freedx's commitment to becoming a trusted, compliant, and accountable platform within the cryptocurrency ecosystem.

El Salvador has been at the forefront of crypto-friendly policies, beginning with the recognition of Bitcoin as legal tender in 2021. The country's Digital Assets Law, enacted in 2023, has positioned it as a global hub for digital assets, attracting major industry players. The CNAD's President, Juan Carlos Reyes, commended Freedx for its professionalism and readiness, highlighting the rigorous compliance standards that the DASP license entails.

With this license, Freedx joins a select group of organizations operating under El Salvador's legal framework, offering users increased regulatory oversight, security, and transparency. This development is significant as it allows users to trade and invest with confidence, knowing their assets are managed under strict compliance. El Salvador's pro-crypto policies and growing blockchain ecosystem present exciting opportunities for investment and innovation.

Freedx is continuing its global expansion by attending two major conferences: Paris Blockchain Week (PBW) and the El Salvador Digital Asset Summit. At PBW, Freedx will sponsor an exclusive VIP dinner at The Louvre and participate in panel discussions at the main stage. At the Digital Asset Summit, Freedx will focus on exhibiting its brand across the conference hall.

Jonathan Farnell, CEO of Freedx, expressed his excitement and honor in receiving the DASP license, noting that El Salvador is setting the standard for countries undergoing a digital and technological revolution. Raks Sondhi, COO of Freedx, emphasized that this achievement reinforces the exchange's dedication to security, transparency, and innovation in the digital asset space. Operating under El Salvador's strict regulatory framework ensures that Freedx maintains the highest standards in listing assets and handling user deposits, safeguarding user funds and instilling confidence in the platform.

Freedx is a next-generation cryptocurrency exchange founded by industry veterans from top financial and crypto institutions. The platform 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.

Freedx, S.A. de C.V, trading under the brand name of Freedx, 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. The services are accessible only to users who sign up on their own initiative, and the platform does 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.