Bitcoin-Backed 'Volcano Bonds' Will Hit the Market Soon, El Salvador Declares | CoinMarketCap

  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

cryptonews: El Salvador 🇸🇻 has passed a new law that will pave the way for long-awaited 'Volcano Bonds' to hit the market. 🚀

The idea is to raise $1 billion, with half of the sum invested into Bitcoin and the other half spent on infrastructure.

In El Salvador's legislative assembly, 62 politicians voted in favor of the new legislation, while 16 were against. It's also hoped that the arrival of the digital securities law will deliver "unprecedented consumer protection from bad actors in the 'crypto' space while also firmly establishing that we are open for business to all those who wish to build the future with us on Bitcoin."

Last year, there had been fears that demand for Volcano Bonds had dried up altogether, potentially leaving the project dead in the water.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 290. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

nice one BTC ETH twitfi

Good morning

I’ve submitted the paper. Fingers crossed that it’ll get accepted

Great. Let's welcome

LFG🔥🚀

Ok great, I only listen to ChiefraFba for signals and analysis!..I have a 92% win rate in 3 months of copying his signals!

Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: BTC Above $18,000, ETH Hits 2-Month High – Market Updates Bitcoin NewsBitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. $dego 🔥🔥 $dego 🔥🔥🔥 You all should follow *zymfund* on INSTAGRAM he helps a lot of people make money online and now he his giving out *giveaway* to first *50* people to follow him on IG
Source: BTCTN - 🏆 531. / 51 Read more »