#ElSalvador
🚀 El Salvador launches the world's first $BTC bank! 🇸🇻
El Salvador, the first country to recognize Bitcoin as an official means of payment, is taking a new revolutionary step! President Nayib Bukele proposes to create a private investment bank that will provide financial services to investors in $BTC and US dollars. 🏦💸
This bank:
✅ Will allow investors to diversify their financial opportunities.
✅ Will not have the restrictions of traditional banks, such as credit limits or ties to foreign financial institutions.
✅ Will require a minimum capital of $50 million and at least two shareholders, who can be foreigners.
✅ Will be able to work with Bitcoin as a legal tender.
The move could strengthen El Salvador's position as a world leader in the introduction of cryptocurrencies and attract new investments into the country's economy. 🌎📈