El Salvador To Launch The World's First Bitcoin Bank
According to the X page of The National Bitcoin Office (ONBTC) of El Salvador, the country is planning to launch Bitcoin (BTC) banks. If successful, it would mark the first instance of a BTC-specific banking institution. pic.twitter.com/DEGUKMmhfd — The Bitcoin Office (@bitcoinofficesv) August 8, 2025 Bitcoin to Get More Adoption After El Salvador’s Bank Launch? Source: Watcher.Guru El Salvador’s plans highlight the growing influence of Bitcoin and cryptocurrencies in global finance. Cryptocurrencies were once shunned by the mainstream financial sector. Today, most of the world’s largest financial institutions are opening their doors to the budding industry. El Salvador’s decision to launch Bitcoin banks should not come as a surprise. The country was the first in the world to legalize BTC as a legal tender back in 2021. El Salvador’s pro-BTC stance started a wave that put it in the spotlight. Today, many nations are seriously considering digital asse...