El Salvador Envisions Bitcoin Integration with Proposed Banking Law Reform

El Salvador is championing a groundbreaking draft reform to its Banking Law aimed at stimulating economic growth through cryptocurrency integration. The reform seeks to enable private investment banks to operate with Bitcoin and other recognized legal tenders. Currently, El Salvador holds 5,781 BTC valued at over $376 million, yielding a significant profit of $67.33 million.

Source: CoinOtag