El Salvador Approves Investment Banks to Manage Bitcoin for Accredit Investors

El Salvador’s new Investment Banking Law, enacted in August 2025, has opened doors for investment banks to manage Bitcoin assets on behalf of accredited investors. This move marks a significant shift in the country’s financial landscape and aims to attract global investment capital. The law allows specialized banks to hold Bitcoin and digital assets, distinguishing them from commercial banks. President Nayib Bukele and Juan Carlos Reyes, spearheading this initiative, enabled banks to operate in digital assets with a PSAD license. This move positions El Salvador as a crypto-friendly nation and aims to attract international investment, potentially shaping the regional economic landscape.