Cryptocurrency News
El Salvador Bitcoin bond delayed due to security concerns-Bitfinex CTO
2022.09.04 15:32
El Salvador Bitcoin bond delayed due to security concerns-Bitfinex CTO
El Salvador, the Central American nation that adopted Bitcoin (BTC) as a legal tender in September last year, has delayed the launch of its billion-dollar Bitcoin bond again.
The Bitcoin bond, also known as the Volcanic bond, or Volcanic token, was first announced in November 2021 as a way to issue tokenized bonds and raise $1 billion in return from investors. The fundraiser will then be used to build a Bitcoin City and buy more BTC.
