2020 - 2021 Best Cryptocurrency News Investment Guide

El Salvador to Issue $1 Billion in BTC Bonds and Use $500 Million of It to Buy More BTC
2021-11-21 15:14:23 Primitive Reading


Nov. 21 (Bloomberg) -- The president of El Salvador has confirmed that he is building the first bitcoin city and will issue $1 billion in BTC bonds on the bitcoin sidechain Liquid. By issuing Bitcoin bonds to fund the construction of Bitcoin City's infrastructure. El Salvador's president plans to use $500 million of the $1 billion BTC bond to buy more bitcoin.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.