Volcano Bonds Get Regulatory Approval in El Salvador

El Salvador, the first country to adopt Bitcoin as legal tender in September 2021, has officially approved the highly anticipated Bitcoin bonds known as ‘volcano bonds.’ The regulators have given the nod for an early 2024 launch of the bonds.

The Central American country’s Digital Assets Commission granted approval for issuing Bitcoin bonds, and the launch can be expected in early 2024, as stated by the National Bitcoin Office (ONBTC).

BREAKING NEWS 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…

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