Cryptocurrency Live News
![news images]()
El Salvador’s innovative Bitcoin bond, dubbed the “volcano bond,” has received regulatory approval and is expected to launch early next year. The bonds will be issued through the Bitfinex securities platform, making El Salvador the first country to offer digital securities on the platform. The move follows El Salvador’s recent launch of a $1 billion Bitcoin mining project that will utilize the country’s volcanic resources to power mining operations. The Volcano Bond is expected to support El Salvador’s economic development while also attracting investors seeking exposure to the fast-growing cryptocurrency market.