By Federico Maccioni DUBAI (Reuters) -Cryptocurrency firm Tether plans to move its headquarters to El Salvador, its chief executive said, as the founders of the world's biggest stablecoin look to capitalize on the Central American country's bid to become a hub for crypto trading.

The stablecoin behemoth Tether is setting up shop for the group and its companies in Nayib Bukele's El Salvador.

Tether announces its service relocation plans after acquiring a Digital Asset Service Provider (DASP) license. USDT issuer Tether joins Bitfinex Derivatives in moving operations to El Salvador. Tether is on its way to establishing new headquarters in El Salvador,

Stablecoin issuer Tether Holdings Ltd. will move its corporate entity and subsidiaries to El Salvador after securing a digital asset service provider license in the Central American nation.

Tether has secured a Digital Asset Service Provider license in El Salvador, enabling its relocation to the country.

Cryptocurrency firm Tether plans to move its headquarters to El Salvador, as the founders behind the world's biggest stablecoin look to capitalise on the Central American country's bid to become a hub for crypto trading.

Tether recently announced plans to relocate its headquarters from the British Virgin Islands to El Salvador with the aim of leveraging the country’s crypto-friendly environment. Following the acquisition of a Digital Asset Service Provider (DASP) license,

Tether is moving headquarters to El Salvador after securing a DASP license. The company was previously incorporated in the British Virgin Islands. Tether and El