El Salvador's $1 billion volcano-powered Bitcoin bonds have been approved for launch in early 2024. The bonds are part of a Bitcoin-based capital market in El Salvador, set to last 10 years and offer 6.5% in annual returns to holders. The approval was granted by El Salvador's Digital Assets Commission, paving the way for issuance in Q1 2024. The bonds have received support and are expected to mark a significant development in the country's financial landscape.
El Salvador’s long-planned #bitcoin bonds are "mostly a nothing burger," @LSEPublicPolicy fellow @frankmuci says. "When it has so much support ... it isn't a big thing to get regulation approved." Watch more on State of Crypto, presented by @trondao: https://t.co/Ycu0Zqtvaq https://t.co/UQ3i7Ru1yd
El Salvador’s long-planned #bitcoin bonds are "mostly a nothing burger," @LSEPublicPolicy fellow @frankmuci says. "When has so much support ... it isn't a big thing to get regulation approved." Watch more on State of Crypto, presented by @trondao: https://t.co/29AKChJAuD https://t.co/Qj1eKa97yR
Volcano Bonds Get Regulatory Approval in El Salvador This marks the beginning of a #Bitcoin-based capital market in El Salvador, which is said to last 10 years and pay 6.5% in annual returns to holders. https://t.co/VjC12JU7ln
El Salvador’s $1bn Volcano-powered Bitcoin bonds greenlit for launch in early 2024 https://t.co/OBZ2zjcYF2
NEWS: El Salvador's #Bitcoin bonds expected to receive regulatory approval in Q1 2024. 📰 https://t.co/iJVTndtwvR https://t.co/zkvxpAidAn
El Salvador's planned Bitcoin bonds have received approval from its Digital Assets Commission, paving the way for their issuance in 2024 Click below to read more: https://t.co/ZASHwB2Nrb