El Salvador Doubles Down on Crypto: World’s First Bitcoin Bank Launches in 2025
El Salvador just flipped traditional finance the bird—again.
The Bitcoin-adopting nation announces plans to open the planet's first licensed Bitcoin bank by Q4 2025, turning Chivo Wallet's experimental success into a full-fledged financial institution. No more 'crypto bro' basement operations—this is regulated banking with orange-pilled teeth.
Why it matters
Three years after adopting BTC as legal tender, the Central American disruptor is institutionalizing crypto access for 6.5 million citizens. Think FDIC insurance meets lightning network speeds—if the regulators don't strangle it in its crib.
The cynical take
Wall Street bankers are already shorting the idea while secretly drafting their own crypto-bank blueprints. Because nothing inspires innovation like existential FOMO.
One thing's certain: the financial old guard just got served a Molotov cocktail made of pure volatility.
If launched, a Bitcoin bank in El Salvador WOULD mark another milestone in the nation’s effort to lead the world in Bitcoin adoption — and could inspire similar projects in other countries exploring crypto-focused financial services.