Salvadoran Government Introduces Bitcoin Banking Law Reform. Bitcoin adoption is set to experience a new boom in El Salvador. The Salvadoran government has introduced an initiative to reform the current banking law by introducing a new kind of bank that can lend bitcoin and crypto services.The banking bill reform was presented to the Technology, Tourism, and Investment Commission of the National Assembly on June 13 including 14 new articles that define Private Investment Banks (PIB) as “an essential instrument at the international level that promotes economic development and facilitates the channeling of financial resources towards business and government projects.”
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 Blockfi tried lending #bitcoin and went bust 3 years ago 

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 The Salvadoran government has introduced a Bitcoin banking law reform to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector . This initiative is part of a broader effort to integrate Bitcoin into El Salvador's banking system, following the country's adoption of Bitcoin as legal tender in September 2021 

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