Home National Regulatory approval granted for the issuance of Salvadoran bonds in 2024
The National Bitcoin Office (ONBTC) of El Salvador announced this December 11 that Salvadoran bonds will be officially issued in the first quarter of 2024, this after the National Digital Assets Commission (CNAD) granted regulatory approval to the assets.
«The volcano bond has just received regulatory approval from the National Commission for Digital Assets (CNAD). We anticipate that the bond will be issued during the first quarter of 2024. This is just the beginning for new capital markets in #Bitcoin in El Salvador,” the institution detailed.
The issuance of volcano bonds will be carried out through the Bitfinex Securities platform, a company that has the license to provide digital asset services in El Salvador, under the Digital Asset Issuance Law approved by the Legislative Assembly as a legal framework for transfer operations that are used in the issuance of public offers.
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The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD).
We anticipate the bond will be issued during the first quarter of 2024.
This is just the beginning for new capital markets on #Bitcoin in El Salvador.
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— The Bitcoin Office (@bitcoinofficesv) December 12, 2023
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