Towerbank's Ikigii Seeks Digital Asset License in El Salvador

2026-01-13 08:59

Towerbank's cryptocurrency platform, Ikigii, has applied for a digital asset service provider license from El Salvador's National Digital Asset Commission (CNAD) to expand its operations in the country. The platform integrates traditional banking services with Bitcoin (BTC) and crypto asset management, offering BTC reception, fiat conversion, and instant cross-border transfers. Towerbank highlights El Salvador's favorable legal environment and is also considering investments in local projects such as Bitcoin mining, energy infrastructure, and artificial intelligence, with plans to enhance cross-border remittance efficiency using stablecoins.

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