El Salvador’s legislative assembly approves Bitcoin Trust worth $150M

El Salvador's legislative assembly approves Bitcoin trust worth $150M

El Salvador’s Legislative Assembly has passed legislation that establishes a $150 million Bitcoin Trust, this move aims to encourage the development of crypto infrastructure and services throughout the country. On Aug. 31, the bill passed with 64 officials voting in favour and 14 votings against the creation of the trust. The Trust’s goal is to […]