Regulatory Alerts2025-07-01 | 11626Official Communication - Linework
The National Commission of Digital Assets (CNAD) of El Salvador officially announced that Linework, S.A. de C.V. has not been authorized as a Digital Asset Service Provider (PSAD). The regulator cited critical deficiencies in the company's application, including the promotion of services without meeting legal requirements, failure to comply with Anti-Money Laundering standards, and inadequate cybersecurity and business model proposals. The CNAD urges the public to verify the legitimacy of digital asset providers exclusively through the official Public Registry before engaging in any transactions.
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