Binance on Tuesday became the first crypto exchange to receive full operating licenses under El Salvador's new digital assets regulation, almost two years after the Central American country became the Bitcoin as legal tender.
As Binance, the world's largest crypto exchange by trading volume, faces scrutiny from global regulators, its approval by El Salvador's Central Bank and National Commission of Digital Assets represents a step forward for the embattled company, even as it's forced out of other jurisdictions.
