🏦 Bitcoin Investment Banks Are Coming to El Salvador

[cryptohog]

El Salvador has officially approved its Investment Banking Law, opening the door for regulated Bitcoin investment banks to operate in the country.
What the Law Allows

Investment banks are now regulated separately from commercial banks.

Can hold BTC and other digital assets on their balance sheets.

Can serve “sophisticated investors” (similar to accredited investors in the U.S.).

With a Digital Asset Service Provider (PSAD) license, a bank could operate entirely as a Bitcoin bank.

Juan Carlos Reyes, president of the Commission of Digital Assets (CNAD), says the change is designed to encourage foreign investment and make El Salvador an emerging hub for finance.
Strategic Partnerships

Pakistan: President Nayib Bukele met with Pakistan’s Minister of Crypto & Blockchain, Bilal Bin Saqib, to share strategies for Bitcoin adoption and energy policy to boost mining.

Bolivia: CNAD signed an MOU with Bolivia’s central bank to promote cryptocurrency adoption amid a U.S. dollar shortage, driving demand for USD stablecoins.

️ The Debate

Supporters: See this as a way to attract global capital and accelerate Bitcoin-based financial services.

Critics: Argue the policies mainly benefit large businesses and the government, not the average Salvadoran.

Why It Matters:
This move further positions El Salvador as one of the most crypto-forward countries in the world — now potentially home to fully Bitcoin-native banks serving institutional clients.