bitcoin bonds – DIGIT INFO

Trump-linked Strive files for ‘Bitcoin Bond’ ETF

DIGIT — Thu, 26 Dec 2024 20:28:14 +0000

The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others.

IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight

DIGIT — Mon, 07 Oct 2024 03:46:27 +0000

The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does not threaten financial stability. IMF Urges El Salvador to Tackle Bitcoin […]

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El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’

DIGIT — Sat, 26 Nov 2022 21:00:31 +0000

After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which was signed by Bukele and El Salvador’s […]

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Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed

DIGIT — Thu, 01 Sep 2022 21:30:45 +0000

The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed for the issuance of these digital […]

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El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister

DIGIT — Wed, 04 May 2022 12:30:45 +0000

The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets. According to Treasury Minister Alejandro Zelaya, […]

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Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays Possible

DIGIT — Wed, 23 Mar 2022 13:30:48 +0000

The treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo, the national geothermal power company. Zelaya also referred to the day of issuance of these instruments, hinting at a possible delay that would see the […]

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Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts

DIGIT — Mon, 03 Jan 2022 03:00:18 +0000

El Salvador’s president has made six predictions relating to bitcoin for 2022. He expects two more countries to adopt bitcoin as legal tender this year. Meanwhile, he expects El Salvador’s Bitcoin City to commence construction during the year and his country’s volcano bonds to be oversubscribed. Bitcoin Predictions 2022 by President Bukele The president of […]

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IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement

DIGIT — Tue, 23 Nov 2021 16:30:39 +0000

The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele announced his plan to build a “bitcoin city” powered by a volcano and financed by bitcoin bonds. IMF Says El Salvador Shouldn’t Use […]

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