El Salvador Clears Path for Bitcoin Banks as Price Nears Breakout Level

El Salvador’s Legislative Assembly has approved the El Salvador Investment Banking Law, allowing Bitcoin investment banks to operate under separate rules from commercial banks. The law permits these institutions to hold Bitcoin and other digital assets on their balance sheets. The law also authorizes Bitcoin investment banks to provide cryptocurrency services to “sophisticated” investors, a […]

The post El Salvador Clears Path for Bitcoin Banks as Price Nears Breakout Level appeared first on CoinChapter.