Tether is licensed in El Salvador and is about to complete the process of moving to El Salvador

PANews reported on January 13 that Tether stated in its official blog that after successfully obtaining a Digital Asset Service Provider (DASP) license and becoming a stablecoin issuer, Tether and its subsidiaries are about to complete all procedures for relocating to El Salvador. Tether also said that establishing a headquarters for the entire group places Tether in a forward-looking jurisdiction that embraces innovation and supports its long-term vision.