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.
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.
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▶️ 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
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
