El emisor de stablecoin Tether Holdings Ltd. trasladará su personalidad jurídica y sus filiales a El Salvador tras obtener una licencia de proveedor de servicios de activos digitales en la nación centroamericana.

The cryptocurrency platform Tether is planning to relocate its headquarters to El Salvador. The operators of the world's largest stablecoin want to capitalize on the Central American country's efforts to become a center for crypto trading with this move writes the news agency Reuters.

Tether has secured a Digital Asset Service Provider license in El Salvador, enabling its relocation to the country.

Tether announces its service relocation plans after acquiring a Digital Asset Service Provider (DASP) license. USDT issuer Tether joins Bitfinex Derivatives in moving operations to El Salvador. Tether is on its way to establishing new headquarters in El Salvador,

CEO Paolo Ardoino said Tether would relocate to El Salvador after the cryptocurrency recently obtained a licence there as a digital asset service provider. Ardoino and his fellow managers and co-founders of Tether will also move their residences to El Salvador, he said. Previously, the company was incorporated in the British Virgin Islands.

Cryptocurrency firm Tether plans to move its headquarters to El Salvador, as the founders behind the world's biggest stablecoin look to capitalise on the Central American country's bid to become a hub for crypto trading.

Tether is moving headquarters to El Salvador after securing a DASP license. The company was previously incorporated in the British Virgin Islands. Tether and El