El Salvador Doubles Down: Licensed Banks Can Now Hold Bitcoin Under Groundbreaking Law
El Salvador just handed banks a golden ticket—the right to hold Bitcoin as legal reserves. No more hiding in cold storage shadows.
Breaking the vault open
The 2021 Bitcoin Law was already radical. Now? Licensed banks get to play crypto custodian—officially. No more regulatory limbo for institutions wanting skin in the game.
Wall Street’s worst nightmare
While traditional finance still debates ETF approvals, El Salvador’s banks are sprinting ahead. Guess who’s laughing now? (Hint: not the SEC.)
Risk meets reward
Volatility? Sure. But when your national treasury’s already hodling, why shouldn’t banks join the party? Just don’t look at last quarter’s -20% dips.
Closing thought: When banks start stacking sats faster than retirees buy CDs, you know the game’s changed. Watch out for ‘accidental’ rehypothecation schemes.
El Salvador has made its next bold MOVE in BTC. The government has signed into law a new bill that allows licensed investment banks t... Read More
