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Cryptocurrency News

El Salvador Bitcoin bond delayed due to security concerns: Tether CTO

09/02/2022

Less than a minute

2022.09.02 21:22

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.

Source

09/02/2022

Less than a minute