How El Salvador’s new law could make Bitcoin ba

Backed by bold legislation and a $50 million entry bar, Bitcoin banking is officially on the table.

El Salvador’s new Investment Banking Law allows regulated banks to hold Bitcoin and offer crypto services to accredited investors. With growing global interest, the country is positioning itself as a rising crypto finance hub.

El Salvador’s Legislative Assembly is doubling down on its Bitcoin [BTC] bet.

A newly approved Investment Banking Law will let regulated investment banks hold Bitcoin and offer crypto services to accredited investors. This would be a big step forward to lure foreign capital and help further the country’s status as an emerging global crypto hub.