The world’s first-ever Bitcoin Bond has received regulatory approval in El Salvador and is expected to launch by the first quarter of next year.
Regulatory Nod and Anticipated Launch
El Salvador, a staunch supporter of Bitcoin (BTC), has achieved another milestone as it gears up to introduce the world’s first Bitcoin Bonds, known colloquially as „Volcano Bonds.” Regulatory approval for this groundbreaking financial instrument was granted by the Digital Assets Commission (CNAD), paving the way for a targeted launch in the first quarter of 2024.
The official announcement came on December 11 via X.com (formerly Twitter), where the National Bitcoin Office stated,
„The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD). We anticipate the bond will be issued during the first quarter of 2024. This is just the beginning for new capital markets on #Bitcoin in El Salvador.”
Leadership Confirmation
The news was reinforced by President Nayib Bu
We współpracy z: https://cryptodaily.co.uk/2023/12/el-salvador-greenlights-first-ever-bitcoin-bond
