Binance received two licenses to operate in El Salvador as it seeks to build its legitimacy worldwide, the crypto exchange said Tuesday, adding that it now has licenses in 18 markets.

The Central Bank of El Salvador (Banco Central de Reserva) granted Binance a Bitcoin Services Provider (BSP) license, while the Salvadoran National Commission of Digital Assets issued a non-provisional Digital Assets Services Provider license (DASP), the company said in a statement.