Today news
About the same in other media
El Salvador plans $1 billion in tokenised Bitcoin bonds
Reading now: 605
economictimes.indiatimes.comEl Salvador intends to issue the world’s first sovereign Bitcoin bonds and build Bitcoin City, which will be free of income, property and capital gains taxes, President Nayib Bukele announced in the beach town of Mizata to a crowd of cheering Bitcoin enthusiasts. El Salvador plans to issue $1 billion in tokenized US-dollar denominated 10-year bonds to pay 6.5% via the Liquid Network, according to Samson Mow, chief strategy officer of Blockstream. Half of the funds of the so-called “volcano bond” will be converted to Bitcoin and the other half will be used for infrastructure and Bitcoin mining powered by geothermal energy, Mow said, while sharing the stage with Bukele.
Presented ByDid you Know?
Indians' investments in crypto grew from about
Read more on economictimes.indiatimes.comAbout this in other media
El Salvador celebrates Black Friday, buys 100 BTC for 20% off cointelegraph.com /2 years ago
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /2 years ago
Explained: Why IMF does not support El Salvador’s use of Bitcoin as legal tender cnbctv18.com /2 years ago
Show more
The website gocryptonft.com 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.
