Short News View Non-AMP

El Salvador to Launch World’s First Bitcoin Bank

Published by
Qadir AK

El Salvador has announced plans to introduce the world’s first Bitcoin banks, aiming to integrate Bitcoin more deeply into its financial system. The initiative builds on President Nayib Bukele’s pro-Bitcoin strategy, seeking to offer banking services fully denominated in Bitcoin. These Bitcoin banks could enhance financial inclusion in a country with many unbanked citizens by providing deposits, loans, and investment options in BTC. Although details and regulations are still pending, this move marks a major step in El Salvador’s ongoing Bitcoin adoption journey and global innovation aspirations.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Smarter Web Adds 50 BTC, Now Holds $229M in Bitcoin

The Smarter Web Company has purchased an additional 50 Bitcoin, increasing its total holdings to…

August 8, 2025

GENIUS Act Triggers $9 Billion Stablecoin Surge, USDe & USDT Lead

The GENIUS Act has sparked a big boost in the stablecoin market. On July 18th,…

August 8, 2025

Ripple & SEC Jointly File for Dismissal, Fueling XRP Price Today

The XRP price today is experiencing a powerful surge, propelled by a much-awaited monumental news…

August 8, 2025

Stellar XLM Price Prediction 2025, 2026 – 2030: Will The XLM Coin Reach $1?

Story Highlights The live price of the Stellar crypto is XLM price could reach a…

August 8, 2025

Shiba Inu Price Prediction 2025, 2026 – 2030: Will SHIB Price Hit $0.00005?

Story Highlights The live price of SHIB memecoin is SHIB token price could reach a…

August 8, 2025

Binance Coin Price Prediction 2025, 2026 – 2030: Will BNB Hit $1000?

Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…

August 8, 2025