key takeaways
- Al Salvador may soon introduce bitcoin banks, which may expand its commitment to crypto adoption.
- Specific details were not disclosed in the declaration of the timeline or structure of bitcoin banks.
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Al Salvador may be on the verge of launching its first bitcoin banks, National Bitcoin Office (ONBTC), which has been remembered by the government body promoting the country’s bitcoin strategy.
– Bitcoin Office (@BitCoinoffiesv) August 8, 2025
The specialties about those banks have not been disclosed when the National Bitcoin Office says they will be announced. Al Salvador President Naib Bukele has not yet made any statement.
This comes when the government of El Salvador proposed an improvement to set up a private investment bank, which provides facility to operate both bitcoin and US dollars. The initiative for sophisticated investors to expand the financing options enables the wound bank to deposit, linding, and offer other services represented in BTC.
The proposal, which requires a minimum capital of $ 50 million and allows foreign shareholders, also wants to loosen the rules for private banks handling digital assets and bitcoin services.
The anticipated rollout will suit the country’s BTC strategy, which always includes bitcoin legal tender, construction of national reserves, and attacking crypto investment.
Al Salvador’s bitcoin holdings continues to grow despite the scaptism (IMF), when the finance officials confirmed that the country has not purchased any new bitcoins since February 2025.
According to data from Arkham Intelligence, currently the Central American Nation has 6,262 BTC, which is $ 730 million at current market prices.
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