Coin Edition -
- The Digital Assets Commission has approved El Salvador’s bitcoin bond, known as the Volcano Bond.
- The Volcano Bond is a part of El Salvador’s mission of transforming the country into the world’s first Bitcoin city.
- President Nayib Bukele also confirmed the Volcano Bond’s regulatory approval via an X post.
The Volcano Bond, El Salvador’s long-anticipated Bitcoin bond, has acquired regulatory recognition from the Digital Assets Commission. The bond is expected to be launched in the first quarter of 2024, making it the world’s first Bitcoin Bond. The National Bitcoin Office (ONBTC) of El Salvador shared an official post on X asserting, “This is just the beginning for new capital markets on Bitcoin in El Salvador.”