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Key Crypto Updates: White House Council CEO Resignation and El Salvador's Bitcoin Banking Law
Gate News bot message,
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.