Cryptocurrency exchange Deepcoin obtains BSP license from El Salvador

According to official announcements, Deepcoin, a global cryptocurrency exchange, has officially obtained the Bitcoin Service Provider (BSP) license issued by the Central Reserve Bank of El Salvador, enabling it to offer Bitcoin custody, Bitcoin trading, and related exchange services within the country’s regulatory framework. This license is a key authorization under El Salvador’s Bitcoin regulatory system; applicants must meet requirements in governance, risk management, cybersecurity, and anti-money laundering (AML)/countering the financing of terrorism (CFT) compliance. Deepcoin stated that this approval marks a new milestone in its global compliance strategy.