El Salvador Grants GreenGo Capital Crypto Management License

GreenGo Capital, a blockchain and market intelligence startup, recently received approval from El Salvador’s National Commission of Digital Assets (CNAD) to manage crypto assets. This approval positions GreenGo as one of the few, alongside notable entities like Binance and Bitfinex, to legally operate in El Salvador in this capacity.

The certification, a significant milestone for the company, allows them to start regulated operations in December, providing investment management, custody, and administration of cryptocurrency assets with full client protection and guarantees.

Since its inception in 2020, GreenGo Capital has established a strong presence in Brazil and Ecuador. Its expansion into El Salvador includes launching educational initiatives such as the “Bitcoin School” to foster cryptocurrency and blockchain knowledge in the region. This move aligns with their commitment to a more inclusive and accessible financial future, leveraging blockchain technology to transform wealth management and growth. Yuri Silva, a key figure at GreenGo, highlighted their ambition to extend these transformative solutions across Latin America.