Attention, investors! 🇸🇻
El Salvador has just taken a giant step towards becoming a top-tier financial center. The Legislative Assembly approved the Investment Banks Law, and the most exciting part is that it allows operations with bitcoin and crypto assets!🚀
This new law is designed to attract sophisticated investors, meaning individuals or companies with a minimum of $250,000 in liquid assets and extensive knowledge in the investment world. For them, doors will open to high-end financial services, including the issuance of digital instruments such as tokenized bonds, as well as asset management and financial advisory.
According to Deputy Dania González, this law not only strengthens the institutional architecture of the country but also complements traditional banking, facilitating the financing of strategic projects in key sectors such as technology, energy, and infrastructure. 📈
The new investment banks will be under the strict supervision of the Central Reserve Bank (BCR) and the Superintendency of the Financial System (SSF), ensuring a transparent and secure legal framework.🛡️
This is crucial for trust and attracting international capital.
Marta Solís, advisor to the Ministry of Economy, is clear: this regulation aims to position El Salvador as a "regional financial hub."🌐
With this move, the country is not only betting on digital innovation but also reinforcing its competitiveness on a global scale. It’s great news for the economy and the crypto ecosystem!🤩
What do you think of this new law? Do you believe more countries will follow this path? 🤔
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Disclaimer ⚠️
The information provided in the previous post is for informational and educational purposes only. It should not be interpreted as financial, investment, legal, or tax advice.🚫
Always do your own research (DYOR - Do Your Own Research) 🫵🏻
