El Salvador Greenlights Bitcoin for Investment Banks

News
Reading Time: < 1 minute

El Salvador has passed a law allowing investment banks to hold Bitcoin and offer crypto services to wealthy clients.

Qualified institutions—those with over $50 million in capital—can now apply for licenses to provide Bitcoin-denominated financial products to investors with at least $250,000 in liquid assets.

The law builds on existing crypto regulations but integrates them into the banking sector, enabling investment banks to issue tokens and structure crypto deals without needing a separate regulatory framework.

“The financial system is expanding to include regulated, crypto-friendly institutions,” said lawmaker Dania González. The legislation was backed by the Ministry of Economy.