El Salvador Bitcoin Provider FAQ (BCR)

Short answers on which companies are on the BCR's register of bitcoin service providers.

How many bitcoin service providers are registered in El Salvador?

285 companies are on the BCR's register of bitcoin service providers in El Salvador: 31 shown as operating, 24 suspended. The register also lists 17 natural persons. Full list.

Is Binance registered in El Salvador?

Binance Services El Salvador, S.A. de C.V. is on the BCR register of bitcoin service providers. The BCR says registration is not an authorisation to operate; the CNAD issues that.

Is BCR registration a licence?

No. The BCR states that registration does not mean an authorisation to operate, which is issued by the National Commission of Digital Assets (CNAD).

Why are providers suspended?

For 24 of the 24 suspended companies, the BCR's note says they have not complied with Article 4 of the Regulation of the Bitcoin Law.