psad
46 skatījumi
3 piedalās diskusijā
Populārie
Jaunumi
JUST IN: El Salvador’s New Investment Banking Law Green-lights Bitcoin & Crypto Services for Institutions
What’s the News?
🇸🇻El Salvador’s legislature has approved a new Investment Banking Law that enables regulated investment banks to hold Bitcoin and other digital assets, and to offer crypto services to sophisticated investors—those with at least $250,000 in liquid assets.
🇸🇻These banks can also apply for licenses as Digital Asset Service Providers (PSAD), allowing them to operate fully as Bitcoin banks—potentially offering services like deposits, loans, and asset management in BTC.
🇸🇻The law mandates a minimum capital of $50 million and separates these institutions from traditional commercial banks, with oversight from the Central Reserve Bank (BCR) and the Superintendency of the Financial System (SSF).
🇸🇻Strategically, the move aims to attract foreign and institutional capital, positioning El Salvador as an emerging crypto-financial hub in the region.
#BinanceAlphaAlert $ETH
#ElSalvador #BitcoinBanking #CryptoLaw
#DigitalAssets #InvestmentBanking #CryptoHub
#PSAD #SophisticatedInvestors #BTCFinance
#FinancialInnovation #CryptoAdoption
$BTC
What’s the News?
🇸🇻El Salvador’s legislature has approved a new Investment Banking Law that enables regulated investment banks to hold Bitcoin and other digital assets, and to offer crypto services to sophisticated investors—those with at least $250,000 in liquid assets.
🇸🇻These banks can also apply for licenses as Digital Asset Service Providers (PSAD), allowing them to operate fully as Bitcoin banks—potentially offering services like deposits, loans, and asset management in BTC.
🇸🇻The law mandates a minimum capital of $50 million and separates these institutions from traditional commercial banks, with oversight from the Central Reserve Bank (BCR) and the Superintendency of the Financial System (SSF).
🇸🇻Strategically, the move aims to attract foreign and institutional capital, positioning El Salvador as an emerging crypto-financial hub in the region.
#BinanceAlphaAlert $ETH
#ElSalvador #BitcoinBanking #CryptoLaw
#DigitalAssets #InvestmentBanking #CryptoHub
#PSAD #SophisticatedInvestors #BTCFinance
#FinancialInnovation #CryptoAdoption
$BTC
Pieraksties, lai skatītu citu saturu