El Salvador Receives Regulatory Approval , for World’s First Bitcoin Bonds.<br />El Salvador's National Bitcoin Office made the announcement via X on Dec. 12, CoinDesk reports. .<br />The Volcano Bond has just received regulatory <br />approval from the Digital Assets Commission <br />(CNAD). We anticipate the bond will be issued <br />during the first quarter of 2024, El Salvador’s National Bitcoin Office, via X.<br />This is just the beginning for new capital <br />markets on #Bitcoin in El Salvador, El Salvador’s National Bitcoin Office, via X.<br />The bonds were announced in 2021 after <br />President Nayib Bukele signed a law making <br />bitcoin legal tender in El Salvador.<br />The bonds were announced in 2021 after <br />President Nayib Bukele signed a law making <br />bitcoin legal tender in El Salvador.<br />Bitfinex Securities will offer <br />the bonds, CoinDesk reports. .<br />When President Bukele first announced the bonds, <br />his goal was to use them to raise $1 billion... .<br />... and create a bitcoin mining industry that only <br />uses renewable energy, including that which is <br />created by active volcanoes in the country.<br />... and create a bitcoin mining industry that only <br />uses renewable energy, including that which is <br />created by active volcanoes in the country.<br />62 legislators voted on the digital assets bill on <br />Dec. 12. Only 16 were opposed to the measure.<br />Meanwhile, El Salvador launched the "Freedom VISA" program that grants residency to up to 1,000 people each year who invest a minimum of "$1 million worth of bitcoin <br />or tether (USDT) stablecoins," CoinDesk reports.
