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El Salvador is planning to launch "Bitcoin Banks," a world-first initiative to offer fully BTC-denominated financial services, reinforcing its commitment to cryptocurrency as legal tender.
This development marks a bold step in El Salvador’s ongoing #Bitcoin# experiment, aiming to integrate digital currency deeper into its economy.
These banks could reshape financial access in a nation already pioneering #crypto adoption, potentially setting a precedent for other countries. Details on implementation and regulation remain sparse for now.
#CryptoNews