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Americas & Caribbean · SV

El Salvador

El Salvador has adopted legislation for bitcoin and for digital assets, with a national commission registering digital asset service providers and issuers.

At a glance

Status
Sovereign state
Region
Americas & Caribbean
Regulated sectors
Crypto
Authorities
CNAD · BCR · SSF
Licensing routes
3

Overview

The framework

El Salvador adopted bitcoin legislation in 2021 and, in 2023, a Digital Assets Issuance Law that established the National Commission of Digital Assets (CNAD). The commission registers and supervises digital asset service providers and issuers of digital assets other than bitcoin.

Bitcoin services are subject to a separate registration framework linked to the Central Reserve Bank, and the bitcoin legislation was amended in 2025. Requirements should be confirmed against the current texts.

Authorities

Who regulates what

National Commission of Digital Assets (CNAD)
Registration and supervision of digital asset service providers and issuers.
Central Reserve Bank of El Salvador (BCR)
Monetary authority; registration framework for bitcoin service providers.
Superintendency of the Financial System (SSF)
Supervision of the financial system.

Regimes

Licensing routes

  • Digital asset service provider registration

    Registration with the CNAD for providers of digital asset services.

    Sectors: Crypto

  • Digital asset issuance

    Registration of public offerings of digital assets under the Digital Assets Issuance Law.

    Sectors: Crypto

  • Bitcoin service provider registration

    Registration for businesses providing bitcoin-related services.

    Sectors: Crypto

Applications and regulator engagement for these routes are handled by our Regulatory & Licensing practice.

Considerations

What to weigh up

  • The framework is recent and has been amended; confirm current requirements before relying on it.
  • Bank and counterparty acceptance of El Salvador-registered providers varies.

This overview is general information, summarised at a high level. Requirements change and depend on the specific activity; seek advice on your circumstances before acting.

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