San Salvador, El Salvador, April 8, 2025, Chain Wire
Built for newcomers and experienced traders in Dubai, United Arab Emirates/San Salvador, El Salvador, Friedox and Crypto, the central exchange is licensed by Comisión Nacional De Activos Digitales (CNAD) in El Salvador. This is an important milestone for FreedX, which presents its exchange commitment to becoming a reliable, compliant and accountable platform in the Crypto ecosystem.
El Salvador’s dedication to crypto forward policy and a positive regulatory initiative in the space began in 2021 when it became the first country to recognize Bitcoin as fiat currency. With the enactment of the Digital Assets Act of 2023, the country has positioned it as a global hub for digital assets, attracting players from major industries such as Tether and Binance.
“We are truly impressed with the professionalism and preparation demonstrated by the FreedX team. Being ready to launch a successful company is exactly what we are looking for in a company with a DASP license.” – Juan Carlos Reyes/President of CNAD.”
FreedX is currently one of the selection groups for organizations that have obtained a DASP license with El Salvador. This is known to have a low success rate of applications due to strict compliance standards. This license ensures that the platform operates within the national legal framework, allowing users to increase regulatory surveillance, security and transparency. As a result, users can trade and invest with confidence, knowing that their assets are managed under strict compliance. Additionally, El Salvador’s procrypt policy and the growth of the blockchain ecosystem offer exciting opportunities for investment and innovation.
Continuing FreedX’s goal of establishing the brand as a global platform, the company has attended two major meetings, the Paris Blockchain Week (PBW) and the El Salvador Digital Assets Summit. At PBW, FreedX sponsors an exclusive VIP diner at the Louvre and will take part in the panel discussion during the main stage of the event. Meanwhile, at Digital Asset Summit, FreedX will focus on displaying the brand throughout the conference hall.
“We are all delighted and honored to be recognized for the coveted DASP license by Comisiónnacionalde Activos Digitales. “This achievement speaks volumes of the hard work that the FreedX team is doing to provide a user-compliant, transparent experience.”
“This achievement is a pivotal step for our exchange as it strengthens our commitment to security, transparency and innovation in the digital assets space and operates under El Salvador’s strict and strict regulatory framework. It ensures that we maintain the highest standards when listing assets and processing user deposits. Requirements,” said Raks Sondhi, COO, Freedx.
About Freedx
FreedX is a next-generation cryptocurrency exchange designed by traders for traders. Founded by a team of industry veterans from top financial and cryptocurrencies such as Binance, Deutsche Bank, Upbit, and Etoro, FreedX brings in depth expertise in trading, technology and risk management.
Leading by a user-centric philosophy, FreedX combines professional-grade trading technology with a smooth, intuitive interface to enable a wide range of users to trade with confidence in the rapidly evolving digital assets situation.
For more information about FreedX, users can visit https://freedx.com/ or follow FreedX on social media to inform you of the latest developments.
Disclaimer:
Trades based on the brand names FreedX, Sa de CV, FreedX are licensed and regulated cryptocurrency exchanges and Bitcoin service providers under the laws of El Salvador, fully complying with applicable regulatory frameworks. Our Services are only accessible to users who sign up for their own initiative. We also do not actively sell or tempt users from jurisdictions that require regulatory approval. Users must successfully complete onboarding and KYC verification, and access to platform features is subject to jurisdictional restrictions and compliance with relevant laws.
contact
Marketing Manager
Rahir Bagat
Freedx
rbhagat@freedx.com
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