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- Aureo obtains a Bitcoin Service Provider license from El Salvador’s central bank, enabling regulated custody and exchange operations.
- Only 11% of registered Bitcoin providers in El Salvador are currently active, with 203 entities listed as non-operational.
Under El Salvador’s legal framework, the Central Reserve Bank (BCR) has formally licensed the company Swapido S.A.S. de C.V., which operates in the market under the name Aureo. This authorization classifies it as a Bitcoin Service Provider (BSP), a status that permits the company to legally conduct Bitcoin exchange and custody activities within the country.
The official announcement from the supervisory body highlights this permit as a fundamental element for Aureo’s corporate objectives. The company stated its intention to establish a financial infrastructure based on digital assets, projecting its operations from El Salvador to various markets throughout Latin America.
Aureo obtiene la licencia de Proveedor de Servicios de Bitcoin en El Salvador. 🇸🇻
La licencia BSP autoriza a nuestra entidad salvadoreña a operar intercambio y custodia de bitcoin bajo el marco regulatorio de El Salvador.
En la práctica, esta es la base que permite a Aureo… pic.twitter.com/rvcw8wejMx
— Aureo (@AureoBitcoin) October 23, 2025
The entity has declared it will comply with all security standards and regulatory requirements defined by local authorities.
“El Salvador represents a strategic base for building Bitcoin financial services with a Latin American focus, combining regulatory clarity with regional reach,” the company said in the announcement.
Operational Expansion and Regulatory Compliance in Mexico
Aureo’s presence is not limited to El Salvador. The company maintains operations in Mexico, its country of origin, where it also adheres to applicable financial regulations. To function in Mexican territory, the company maintains a collaboration agreement with Soluciones Tecnológicas Nagumatech S.A.P.I. de C.V., an entity registered with the Mexican Tax Administration Service (SAT).
Furthermore, it utilizes the services of the regulated API NVIO Pagos, which facilitates bank transactions in Mexican pesos through the Interbank Electronic Payment System (SPEI).
This dual operational structure allows Aureo to offer a portfolio of digital services related to Bitcoin that are regulated in both jurisdictions. Its potential target market exceeds 100 million adults in Mexico and other Latin American countries.
Specific services it provides include buying and selling Bitcoin using SPEI transfers, sending funds via the Lightning Network, and the implementation of advanced security measures, such as biometric authentication and passkeys.
Future Plans and Application for a Second License
Aureo’s growth plans in El Salvador include an additional regulatory step. The company announced its intention to apply for a second license before the National Digital Assets Commission (CNAD). This new category, Digital Asset Service Provider (DASP), would broaden the spectrum of products the company can legally offer within the country. If approved, this authorization would enable Aureo to operate with stablecoins and other digital financial instruments beyond Bitcoin.
Parallel to this regulatory process, the company has scheduled the launch in El Salvador of custody and exchange services aimed at three client segments: individual users, private clients, and corporate businesses. The implementation of these services contemplates technical integration with the local banking system and a hiring process for Salvadoran personnel.
Capital Injection for Technological Development
The progress in obtaining its BSP license occurs in a context of financial strengthening for the company. Recently, Aureo closed a pre-seed investment round for an amount of 1.1 million dollars. This funding round was led exclusively by the venture capital fund Early Riders.
According to the company’s statements, the obtained capital will be primarily destined for the development of the first Latin American-native multi-institutional custody (MIC) solution. The resources will also be used to scale the offer of financial services based on Bitcoin technology.
Low Activity in the Official Bitcoin Provider Registry
According to the official registry maintained by the Central Reserve Bank, only 11 percent of the companies registered as Bitcoin Service Providers are currently operational. The detailed figures show that, out of a total of 228 registered companies, only 25 maintain active operations. The remaining 89% of the entities are listed in the “provider not operating” category.
Among the companies that are functioning are the state-owned digital wallet Chivo Wallet, the company Osmo El Salvador, and the global exchange platform Binance.
As stipulated, at least 22 of the 203 inactive provider companies have failed to comply with the provisions of Article 4 of the Bitcoin Law Regulations. This regulation requires providers to maintain high standards of professional integrity, implement anti-money laundering programs, establish precise accounting controls, and deploy cybersecurity measures that are proportional to the services they offer.
Bitcoin (BTC/USD) is currently trading at $114,515, marking a slight daily pullback of 0.03% after a solid weekly gain of 5.3%. The market capitalization stands at $2.28 trillion, supported by a 24-hour volume of $62.8 billion, indicating robust liquidity and continued institutional engagement.
From a technical perspective, key support levels are situated between $107,500 and $109,000, while immediate resistance lies in the $115,500 to $118,000 zone. Indicators present a mixed but leaning bullish signal; the RSI at 59 suggests room for further upside, and the MACD has confirmed a positive crossover, indicating that momentum is turning bullish.
