The native digital asset of Bitget, BGB, rose another 15% in the last 24 hours.
All due to the new crypto license the platform obtained in El Salvador.
Cryptocurrency
exchange Bitget has secured a Bitcoin Service Provider (BSP) license from El
Salvador's Central Reserve Bank, positioning itself for growth in Latin
America's burgeoning crypto market.
In response
to this news, BGB, the platform’s native token, rose by 15% over the past 24
hours, more than doubling its value this month.
Bitget Obtains El Salvador
Bitcoin License
The
regulatory approval allows Bitget to offer comprehensive Bitcoin services,
including exchange operations, payment facilitation, and custody solutions in
El Salvador, the first country to adopt Bitcoin as a legal tender. The company is
also pursuing a Digital Assets Service Provider (DASP) license to expand its
cryptocurrency offerings beyond Bitcoin.
Min Lin, Chief Business Officer at Bitget
“Securing
the BSP license is a regulatory milestone for Bitget,” said Min Lin, Chief
Business Officer at Bitget. “We’re here to fuel the region’s growth by
providing secure, accessible, and innovative Bitcoin services. As the world’s
interest in crypto accelerates, we see El Salvador as a gateway to unlocking
crypto’s potential, enabling financial
inclusion, and driving transformative change in real-world use cases.”
The
exchange plans to establish a dedicated team in El Salvador to strengthen its
regional presence and enhance service delivery. This expansion follows Bitget's
recent regulatory approvals in European markets, including VASP licenses in
Poland and Lithuania, and its recent re-entry into the UK market through a
partnership with Archax.
BGB Reaches New ATH
The news
has catalyzed significant growth in Bitget's native token, BGB, which surged 120% in December alone. The token jumped 11% on Monday and added another
4% following the license announcement, approaching a new all-time high (ATH) of
$3.50.
BGB test news ATH. Source: TradingView
Of course,
the recent move in Bitcoin, which also tested its all-time high, is a
significant factor. During Monday’s session, BTC briefly climbed near $108,000,
reacting positively to the Trump administration’s statements about making
cryptocurrency part of the country’s strategic reserves.
While
Bitcoin has gained 10% this December, BGB has surged by 120%, now ranking among
the 30 largest cryptocurrencies by market capitalization at $5 billion. BGB,
introduced in February 2022, is a relatively new token. As the native utility
token of the Bitget exchange, it provides users with fee discounts, access to
additional features such as copy trading, and more favorable staking terms.
El Salvador President’s $633M
Bitcoin Celebration
El Salvador
may not be the largest or wealthiest country in the world, but it was the first
to try supporting its strained budget by making BTC legal tender. Although it
seems that no one is more enthusiastic about the idea than its creator,
President Nayib Bukele, the country’s treasury has continued to invest in BTC.
For comparison, just a year
ago, the same portfolio was worth $200 million less.
Cryptocurrency
exchange Bitget has secured a Bitcoin Service Provider (BSP) license from El
Salvador's Central Reserve Bank, positioning itself for growth in Latin
America's burgeoning crypto market.
In response
to this news, BGB, the platform’s native token, rose by 15% over the past 24
hours, more than doubling its value this month.
Bitget Obtains El Salvador
Bitcoin License
The
regulatory approval allows Bitget to offer comprehensive Bitcoin services,
including exchange operations, payment facilitation, and custody solutions in
El Salvador, the first country to adopt Bitcoin as a legal tender. The company is
also pursuing a Digital Assets Service Provider (DASP) license to expand its
cryptocurrency offerings beyond Bitcoin.
Min Lin, Chief Business Officer at Bitget
“Securing
the BSP license is a regulatory milestone for Bitget,” said Min Lin, Chief
Business Officer at Bitget. “We’re here to fuel the region’s growth by
providing secure, accessible, and innovative Bitcoin services. As the world’s
interest in crypto accelerates, we see El Salvador as a gateway to unlocking
crypto’s potential, enabling financial
inclusion, and driving transformative change in real-world use cases.”
The
exchange plans to establish a dedicated team in El Salvador to strengthen its
regional presence and enhance service delivery. This expansion follows Bitget's
recent regulatory approvals in European markets, including VASP licenses in
Poland and Lithuania, and its recent re-entry into the UK market through a
partnership with Archax.
BGB Reaches New ATH
The news
has catalyzed significant growth in Bitget's native token, BGB, which surged 120% in December alone. The token jumped 11% on Monday and added another
4% following the license announcement, approaching a new all-time high (ATH) of
$3.50.
BGB test news ATH. Source: TradingView
Of course,
the recent move in Bitcoin, which also tested its all-time high, is a
significant factor. During Monday’s session, BTC briefly climbed near $108,000,
reacting positively to the Trump administration’s statements about making
cryptocurrency part of the country’s strategic reserves.
While
Bitcoin has gained 10% this December, BGB has surged by 120%, now ranking among
the 30 largest cryptocurrencies by market capitalization at $5 billion. BGB,
introduced in February 2022, is a relatively new token. As the native utility
token of the Bitget exchange, it provides users with fee discounts, access to
additional features such as copy trading, and more favorable staking terms.
El Salvador President’s $633M
Bitcoin Celebration
El Salvador
may not be the largest or wealthiest country in the world, but it was the first
to try supporting its strained budget by making BTC legal tender. Although it
seems that no one is more enthusiastic about the idea than its creator,
President Nayib Bukele, the country’s treasury has continued to invest in BTC.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
KuCoin Rolls Out MiCA-Regulated Crypto Platform Across 29 EU Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
