
El Salvador Greenlights Bitcoin for Investment Banks
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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.