🚀 El Salvador’s Bitcoin Bank Era Begins — BTC Eyes $124K 🏦💥
Bitcoin is pushing toward $124,000 again as global crypto momentum accelerates. Supply is tightening, institutional adoption is surging, and one small Central American nation is making a big legal leap.
🇸🇻 El Salvador: Bitcoin-Only Investment Banks Approved
A groundbreaking bill now allows licensed Bitcoin investment banks — not regular commercial lenders — to operate in El Salvador. These banks can hold BTC and other digital assets, but must:
💰 Maintain $50M minimum starting capital
📜 Hold a Digital Asset Service Provider license
🎯 Serve sophisticated investors only
Officials believe this will attract global capital and strengthen El Salvador’s role as a crypto finance hub. Critics warn it may benefit wealthy institutions more than everyday Salvadorans — but the BTC spotlight is undeniable.
🇯🇵 Japan’s ETF Delay vs. US & El Salvador’s Push
Japan’s first spot Bitcoin ETF is delayed due to regulations. Meanwhile, US-based spot ETFs have already amassed $54B+ in inflows, with Harvard University joining the party.
🎓 Harvard’s $116.6M Bitcoin Bet
Harvard invested $116.6M into BlackRock’s IBIT Bitcoin ETF, buying 1.9M shares. This marks a huge shift in their portfolio after trimming Big Tech exposure — and signals growing institutional trust in BTC.
📈 With global banks, Ivy League endowments, and nations aligning around Bitcoin, the race to $124K is heating up fast.
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