Bitfinex has announced the launch of a securities trading platform in El Salvador. El Salvador is the first country to recognize bitcoin (BTC) as legal tender. The new platform launch follows the of several Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) two weeks ago. The move rides on the expectation that there will be substantial demand for similar financial instruments that give investors exposure to digital assets. Bitfinex believes developing a tokenized securities industry in El Salvador will be a success.
Source: Mandy Williams, 2024-02-01; https://cryptopotato.com/bitfinex-unveils-securities-platform-in-el-salvador/