Tether relocates to El Salvador: A new chapter for digital innovation
Tether has announced its move to El Salvador, having secured a Digital Asset Service Provider license in the country. With its forward-thinking policies, crypto-friendly regulations, and a growing Bitcoin-savvy community, El Salvador is rapidly becoming a global hub for digital assets and technological innovation.
Paolo Ardoino, Tether’s CEO, stated, “Relocating to El Salvador allows us to scale our business, foster collaboration, and focus on emerging markets. By joining a country that shares our vision of financial freedom, innovation, and sustainability, we strengthen our mission to empower people worldwide through decentralized technology.”
El Salvador continues to attract top crypto firms like Tether and Bitfinex Derivatives, cementing its position as a beacon for digital financial revolution, despite external pressures.
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