In a significant development for the cryptocurrency sector, WEEX has successfully secured the Bitcoin Service Provider License (BSP License) from the government of El Salvador, reinforcing its global compliance initiatives. This milestone enables WEEX to operate legally within El Salvador, offering a suite of services including Bitcoin custody, digital asset exchanges, Bitcoin wallets, and payment processing solutions. Andrew Weiner, Vice President of WEEX, emphasized the firm’s commitment to compliance and their strategic global expansion into regions with defined regulatory guidelines. Additionally, WEEX has established its global headquarters in Dubai’s financial hub, housing over 600 employees. This places WEEX among the leading cryptocurrency exchanges in Dubai, a center for innovation and digital finance.
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