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08/10 09:33

Bitcoin banks, closer to reality now The new Inve

Bitcoin banks, closer to reality now

The new Investment Banking Law comes just days after the Salvadorian government revealed plans to establish Bitcoin banks.

The proposal, overseen by the National Bitcoin Office, allows private investment banks to operate in both Bitcoin and U.S. dollars. They’ll offer deposits, loans, and other financial services.


With a $50 million minimum capital requirement and allowance for foreign ownership, the hope is that the initiative will attract global investors and support El Salvador’s Bitcoin-focused economic policy.

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