Today news
About the same in other media
El Salvador prepares 20 bills to provide legal framework for Bitcoin bonds
Reading now: 583
El Salvador’s government, led by President Nayib Bukele, has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to provide a legal framework for them.
Head of the Treasury Alejandra Zelaya told El Salvadoran media El Mundo on Jan. 4 that the bills will cover regulations about issuing securities as cryptocurrency to ensure the viability of the Bitcoin bonds that were proposed in Nov. 2021. He said:
However he did not propose a timeframe for the legislation to be submitted to lawmakers.
The $1 billion sought by the bond issuance would be used to fund the Bitcoin City initiative which President Bukele has promised will provide “digital and technological education, geothermal energy for the entire city, and efficient and
Read more on cointelegraph.comAbout this in other media
El Salvador buys its cheapest 410 Bitcoin as prices reach $36k cointelegraph.com /2 years ago
Turkish and Salvadoran presidents meet, Bitcoiners left disappointed cointelegraph.com /2 years ago
Turkey’s put limits on crypto transactions — now Edrogan is set for talks with El Salvador’s bitcoin-backing Bukele fnlondon.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
