El Salvador’s central bank licenses Binance

Move comes despite growing international regulatory concern over crypto exchange firm

National Palace of El Salvador, San Salvador
National Palace of El Salvador, San Salvador

The Central Reserve Bank of El Salvador has granted cryptocurrency exchange Binance a licence to operate in the country, the firm announced on August 8.

The move comes despite widespread regulatory concern over the firm, which is the subject of legal action by US authorities. Regulators in several major jurisdictions, including Japan, the Netherlands and the UK have refused to allow Binance to operate or withdrawn its licence.

The company has withdrawn from Australia, Belgium and Canada this

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account