El Salvador continues to push its pro-Bitcoin agenda, now allowing investment banks to hold and manage cryptocurrency under a newly passed law.
Financial institutions with at least $50 million in capital can qualify as investment banks and apply for crypto service licenses, offering Bitcoin-based financial products to high-net-worth investors (those with $250,000+ in liquid assets).
Rather than creating a separate regulatory system, the law layers crypto permissions onto existing banking licenses—streamlining Bitcoin custody, token issuance, and crypto-linked investments.
“This is a regulated, complementary addition to our financial ecosystem,” said lawmaker Dania González.
The Ministry of Economy supported the move, reinforcing El Salvador’s commitment to crypto innovation.
