Examining Tether's Regulatory Status in El Salvador
An examination of Tether's regulatory positioning in El Salvador, legal requirements and compliance measures established through its dual-entity registration as Digital Assets Service Providers
Summary
Tether made headlines with an announcement to relocate its operations to El Salvador. Our legal brief is designed to share details on the legal foundation and assurances Tether plans to rely upon in establishing its local presence.
The National Commission of Digital Assets (CNAD) of El Salvador maintains a public registry of Digital Assets Service Providers (DASPs). Tether appears in the registry under two entries: Tether NA El Salvador S.A. de C.V. and Tether International El Salvador S.A. de C.V.
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