Tether Relocates Headquarters To El Salvador After Securing DASP License

According to Foresight News, Tether has announced that it has obtained a Digital Asset Service Provider (DASP) license in El Salvador and plans to relocate its headquarters to the country. Tether stated that this move will aid the company in supporting the Bitcoin economy while promoting financial inclusion in underserved regions and developing cutting-edge solutions in an innovation-friendly environment. Tether CEO Paolo Ardoino remarked that this decision represents a natural progression for Tether, allowing the company to forge closer ties with El Salvador, support financial freedom and innovation, and empower global users through decentralized technology.