World’s First #Bitcoin #Bonds Receive Regulatory Approval in #ElSalvador
El Salvador’s long-planned Bitcoin bonds have inched closer to reality after apparently receiving regulatory approval for an early 2024 issuance, the country’s Bitcoin-focused office posted on Tuesday.
The bonds are set to be offered on Bitfinex Securities, a regulated division of crypto exchange Bitfinex.
“The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD),” El Salvador’s National Bitcoin Office posted from its X handle. “We anticipate the bond will be issued during the first quarter of 2024.”
www.coindesk.com/markets/2023/12/12/worlds-first-bitcoin-bonds-receive-regulatory-approval-in-el-salvador/
Revolutionary moment,
Can't wait devloped countries following this path.
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I think this will be impossible without the country making bitcoin legal tender
That's the first step 🪜
yes. you have to start somewhere
