The government of El Salvador approved a law that will allow investment in Bitcoin. The regulations were designed To attract international private capitalwhich would allow investment banking entities to act as suppliers of Cryptactive -related servicesamong other activities.
The norm will also allow these entities to function as Exchange platform operators and digital instrument emitters. Your goal includes natural or legal persons with a minimum equity of US $ 2550,000 in liquid assets.
Investment banks can also act as issuing and service providers related to stablcoins, gold and tokenized bondsunder the supervision of Central Reserve Bank (BCR) and the Superintendence of the Financial System (SSF).
El Salvador: They approve law that allows investment bank with Bitcoin
The deputy Dania González He stressed that this law will strengthen the “institutional architecture of the country” by creating a Complementary figure to traditional banking.
Some of the sectors that would benefit from the financing of strategic projects would be Energy, Technology, Telecommunications and Innovation.
The advisor of Ministry of Economy, Marta Solísstressed that the regulations aims to provide a agile, transparent and reliable financial servicewhich will position El Salvador as a regional financial hub and strengthen its international competitiveness.
Bitcoin touches the US $ 117,000 and Ethereum approaches its annual roof
He cryptocurrency market Opera upwards this Friday, with Bitcoin (BTC) and Ethereum (ETH) uploading to US $ 116,512 yu $ S3,952.32respectively. It is a generalized trend in the sector, which rises 1.2% in the global total.
Disaggregated by each asset, The biggest increases are observed in XRPwith a 7.8%jump; Dogecoin, with 4.6%; Eth, with 3.7%, Solana, 3.5; BNB with 2.1% and Bitcoin with a slight rise of 0.1%.
After an increase of 7.4% in the last week, ETH is approaching the key barrier of US $ 4,000, a level that has not exceeded since December 2024.
That threshold Historically it was an upward resistanceand to break it could propel the crypt towards its historical maximum of US $ 4,891, reached in 2021, which is currently 20% below.
Source: Ambito
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