Legislation authorizes a Bitcoin-backed bond to pay down national debt and build "Bitcoin City". After President Bukele ratifies the measure, it will become law. The bonds are expected to generate $1 billion for the government, half of which would fund the special economic zone. (Read More)
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El Salvador's Crypto Law Allows Bitcoin-Backed Bonds
Reviewed by CRYPTO TALK
on
January 12, 2023
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