El Salvador Sets Up Bitcoin Bank – The First of That Kind

The Bitcoin Revolution in El Salvador is in a new chapter. Bitcoin Office X Handle has announced that “Bitcoin Bank” is coming to the country.

The release comes from the official Bitcoin office of the country that mocked the development of X’s posts, calling El Salvador “Bitcoin Country.”

Details on Bitcoin Banks in the future remain short, but the initiative is expected to further embed Bitcoin in the country’s financial infrastructure. The country may have potentially passed laws to provide fully sectarian banking services in BTC.

Max Keizer, Bitcoin advisor to President Nayib Bukele, expressed the scale of his vision in an exclusive comment on Beincrypto.

“Bitcoin continues its unstoppable vector in El Salvador. Bitcoin is eating all the $400 trillion preserved value of the world.

Kaiser, along with his wife Stacey Herbert (director of the Bitcoin office), has been a key driver of El Salvador’s pro-Bitcoin policy since the country adopted BTC as its fiat currency in 2021.

The launch of Bitcoin Bank could mark a pivotal moment in the country’s bid to position itself as the global epicenter of Bitcoin innovation.

This is a developing story. Stay tuned for more updates.

Set up a post-bitcoin bank in El Salvador – the first of this kind first appeared in Beincrypto.