**Exciting News from San Salvador, El Salvador – April 8th, 2025, Chainwire Dubai, UAE**
Freedx, a centralized exchange designed for both crypto beginners and seasoned traders, has proudly received a Digital Asset Service Provider (DASP) license from the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. This achievement is a major milestone for Freedx, highlighting its commitment to becoming a reliable, compliant, and accountable player in the crypto landscape. El Salvador has been a pioneer in embracing cryptocurrency, having made history in 2021 as the first nation to recognize Bitcoin as legal tender. The introduction of its Digital Assets Law in 2023 further established the country as a global center for digital assets, attracting key industry players like Tether and Binance.
Juan Carlos Reyes, President of CNAD, expressed his admiration for Freedx, stating, “We are truly impressed by the professionalism and preparation demonstrated by the Freedx team. Their readiness to launch a successful company is exactly what we are looking for in companies obtaining the DASP license.” Freedx now joins a select group of organizations that have successfully secured the DASP license in El Salvador, a process known for its stringent compliance requirements. This license ensures that Freedx operates within the legal framework of the country, providing users with enhanced regulatory oversight, security, and transparency. As a result, users can trade and invest with confidence, knowing their assets are managed under strict compliance.
Moreover, El Salvador’s supportive crypto policies and expanding blockchain ecosystem present exciting opportunities for investment and innovation. In line with Freedx’s ambition to establish itself as a global platform, the company will participate in two significant conferences: Paris Blockchain Week (PBW) and the El Salvador Digital Asset Summit. At PBW, Freedx will host an exclusive VIP dinner at The Louvre and engage in panel discussions on the main stage. Meanwhile, at the Digital Asset Summit, Freedx will showcase its brand throughout the conference hall.
Jonathan Farnell, CEO of Freedx, shared his enthusiasm, stating, “We are all thrilled and honored to have been granted the coveted DASP license by the Comisión Nacional de Activos Digitales. El Salvador is a beacon in the crypto space and is setting the standard for countries looking to undergo a digital and technological revolution. This achievement speaks volumes about the hard work the Freedx team is doing to ensure we offer a compliant and transparent experience for our users.”
“This milestone represents a significant step forward for our exchange, reinforcing our commitment to security, transparency, and innovation in the digital asset space. By operating under El Salvador’s rigorous regulatory framework, we ensure that we uphold the highest standards in asset listing and user deposit management. This license not only safeguards our users but also enhances their overall trading experience.”
