El Salvador DASP License
Digital Asset Service Provider authorization from SSF — the world's first Bitcoin legal-tender jurisdiction
— Last updated: 2025 · 4 min read
What is the DASP License?
The Digital Asset Service Provider (DASP) license is issued by El Salvador's Superintendency of the Financial System (SSF) under the Bitcoin Law and Digital Assets Issuance Law. El Salvador's 2021 adoption of Bitcoin as legal tender makes it one of the world's most forward-thinking crypto jurisdictions, offering a uniquely progressive regulatory environment for digital asset businesses.
Permitted Activities
- •Virtual asset exchange
- •Custody and wallet services
- •Digital asset transfer
- •Payment services using digital assets
- •Token issuance and management
Why El Salvador?
- •First country to adopt Bitcoin as legal tender
- •Progressive regulatory framework
- •Fast-growing crypto ecosystem
- •Competitive licensing costs
- •Strong government support for digital asset innovation
Requirements
Local entity incorporation, AML/CFT compliance framework, fit and proper assessment for directors and shareholders, detailed business plan, and technical infrastructure documentation demonstrating secure digital asset handling capabilities.
Frequently Asked Questions
El Salvador was the first country to adopt Bitcoin as legal tender in 2021, creating a uniquely progressive crypto regulatory environment with government-backed digital asset infrastructure.
Ready to Apply?
Contact Zitadelle AG for a consultation on obtaining your El Salvador DASP license.
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Disclaimer: This page is for informational purposes only and does not constitute legal or regulatory advice. Requirements, timelines, and fees are subject to change. Always consult directly with the relevant regulatory authority or a qualified professional for the most current information. Zitadelle Advisory Group LTD is not a law firm and does not provide legal representation.