bitcoin bond


Policy

El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds

El Salvador's bitcoin-backed "volcano bonds" are expected to raise $1 billion for the government.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Videos

Why El Salvador’s Dreams for a Crypto Utopia Are Now on Hold

A coin-shaped crypto utopia with zero taxes, powered geothermally by a volcano and funded by bitcoin bonds—That’s what La Unión, a small region in southeastern El Salvador, will become if President Nayib Bukele’s ambitious plan comes to fruition. But after a stalled rollout of the country’s bitcoin bonds, some are skeptical of the plans.

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Layer 2

Bitcoin City: El Salvador’s Dreams for Utopia on Hold

Locals interviewed by CoinDesk have mixed feelings about El Salvador’s multimillion dollar proposal financed by “bitcoin bonds.”

A Chivo Wallet agent assisting a user in La Union, El Salvador (Elaine Ramirez/CoinDesk)

Finance

El Salvador Postpones Bitcoin Bond: Report

The country's finance minister said the offering may come as late as September, according to Reuters.

El Salvador flag (Getty Images)

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