Bitcoin Bonds


Policy

El Salvador Passes Law Paving the Way for 'Volcano Bond'

The digital asset bill in the Legislative Assembly obtained 62 votes in favor and 16 against.

(Alain Bonnardeaux/Unsplash)

Markets

Will El Salvador Default on Its Sovereign Debt in 2023?

While the issuance of a $1 billion bitcoin bond is delayed, President Nayib Bukele must face payments of $800 million next January. Will he make it?

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Opinion

4 Reasons Why Bitcoiners Should Pass on El Salvador's Bitcoin Bond

El Salvador’s much-hyped "volcano" bond doesn’t hold up to scrutiny.

SAN SALVADOR, EL SALVADOR - DECEMBER 12: View of a sign depicting President of El Salvador Nayib Bukele as a clown during a protest against the government of Nayib Bukele on December 12, 2021 in San Salvador, El Salvador. Various civil society organizations and Social or Citizen Movements are protesting against the undemocratic measures of the Government of President Nayib Bukele, who on his social networks calls himself a "dictator" or "emperor. (Photo by Emerson Flores/APHOTOGRAFIA/Getty Images)

Finance

El Salvador’s Bitcoin Bond Issuance Apparently Delayed

The country’s finance minister had previously suggested the bond sale could be launched as soon as this week.

Volcano in El Salvador (Galen Rowell/Getty images)

Markets

Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue

The firm cites concerns over the country's ability to service debt, its concentration of power in the presidency and adoption of bitcoin as legal tender.

nayib bukele

Policy

El Salvador Bitcoin Bond Issuance Coming as Soon as March 15: Finance Minister

In a TV appearance, Alejandro Zelaya also confirmed that the coupon for the paper will be 6.5%.

El Salvador (Esaú González, Unsplash)

Policy

Bitcoin Should Not Be Legal Tender in El Salvador: IMF

The financial institution said the Central American country’s plans to acquire more bitcoin will require a “very careful analysis” of implications for its financial stability.

(Archivo de CoinDesk)

Markets

Israeli Financial Authorities Double Down on Bitcoin-Linked Investments: Report

Insurance companies and investment houses might be required to detail and justify any investments linked to bitcoin.

Tel Aviv skyline

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