El Salvador’s new law allows investment banks to offer Bitcoin and digital asset services
El Salvador’s Legislative Assembly has approved a new Investment Banking Law. This law creates a new type of financial institution that serves only wealthy individuals and institutional clients. This program, started last year, aims to create a private investment bank that can help with Bitcoin transactions. This will give investors more funding options and broaden financial services in both Bitcoin (BTC) and U.S. dollars (USD). The law, backed by the