The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024.
Category: volcano
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El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets.
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El Salvador seems to delay its ‘volcano bonds’ launch
The government has repeatedly announced that the launch would take off by March 20 but apparently failed to deliver it.
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Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts
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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