Bo Hines has stepped down from his position as CEO of the White House crypto council. Concurrently, El Salvador has taken a significant legislative step by approving a new investment banking law that enables the establishment of Bitcoin banks.
The approved legislation in El Salvador marks a formal expansion of the country's financial infrastructure to accommodate Bitcoin-based banking operations.
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Key Crypto Updates: White House Council CEO Resignation and El Salvador's Bitcoin Banking Law
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Bo Hines has stepped down from his position as CEO of the White House crypto council. Concurrently, El Salvador has taken a significant legislative step by approving a new investment banking law that enables the establishment of Bitcoin banks.
The approved legislation in El Salvador marks a formal expansion of the country's financial infrastructure to accommodate Bitcoin-based banking operations.