El Salvador — a new gateway to the global Crypto Services Market

In a world where crypto businesses increasingly face regulatory uncertainty, El Salvador stands out as an example of how innovation and legal transparency can coexist.

The country became the first in the world to recognize Bitcoin as legal tender, launching the development of one of the most forward-looking and predictable crypto markets globally.

Today, El Salvador offers investors and entrepreneurs the opportunity to purchase a ready-made company with Bitcoin Service Provider (PSB) status and to obtain a Digital Asset Service Provider (DASP) license.

For players in the digital asset industry, this represents a fast and fully legal way to enter the international crypto services market.

What are PSB and DASP — and how do they differ?

PSB (Bitcoin Service Provider) is an official status granted by the Central Reserve Bank of El Salvador (BCR) to companies operating with Bitcoin.

Such companies are authorized to receive and send BTC, provide custody and exchange services, and develop Bitcoin-based payment solutions.

DASP (Digital Asset Service Provider) is a broader license type granted and supervised by the Comisión Nacional de Activos Digitales (CNAD) — the national authority responsible for enforcing the Digital Assets Law.

This license covers operations with all other digital assets, including Ethereum, stablecoins, tokenized assets, and even digital securities.

Essentially, PSB provides the foundation, while DASP expands the horizons.

Together, these frameworks create a full-scale infrastructure for global crypto business — with transparent compliance procedures and a clearly defined legal environment.

Why investors choose El Salvador

Unlike unregulated offshore zones, El Salvador builds its crypto regulatory system around three key institutions:

• BCR (Central Reserve Bank) — maintains the registry of PSB companies;
• CNAD (Comisión Nacional de Activos Digitales) — issues DASP licenses and oversees compliance with the Digital Assets Law;
  
• SSF (Superintendencia del Sistema Financiero) — oversees financial operations;
  
• UIF (Financial Intelligence Unit) — monitors AML/CTF compliance and suspicious activity reports.
  

This structure creates a balance between freedom and oversight.

Businesses can legally operate with digital assets, while investors gain predictability and protection from regulatory risks.

Another major advantage is the flexible tax environment and absence of currency control, making El Salvador an attractive hub for international crypto projects, fintech companies, and brokers.

What the owner of a ready-made PSB company gets

A ready-made PSB company is not just a registration number — it’s a fully operational structure that has already passed all necessary regulatory stages.

The package typically includes:

• Certificate from the BCR registry confirming PSB status;
  
• Developed AML/KYC policy and IT infrastructure for transaction monitoring;
  
• Appointed MLRO and deputy for coordination with banks and regulators;
  
• A complete set of compliance documents and procedures in line with FATF standards.
  

This means the business is ready to launch from day one, without months of waiting or endless communication with the regulator.

Can it operate worldwide?

Such companies may serve international clients, provided local laws or sanctions do not prohibit it.

In practice, the company’s global reach depends on its partner banks, correspondent accounts, and AML agreements in other jurisdictions.

With a PSB license, the company can handle Bitcoin-based services, such as cross-border transfers, custody, and payment operations.

By adding a DASP license, it can expand to all digital assets — stablecoins, tokenized instruments, and other virtual assets — effectively becoming an international VASP (Virtual Asset Service Provider) provider.

Conclusion

El Salvador proves that crypto business can be legal, transparent, and profitable.

A ready-made company with PSB status is not just a way to “enter the market” — it’s a strategic tool for those who want to develop digital financial services without bureaucracy and with maximum speed.

If you are considering entering the digital asset market, contact International Fintech Business (IFB) to learn more about available companies and licenses in El Salvador.