El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond

El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond


El Salvador’s $1 billion bitcoin bond (also known as the Volcano Bond) still does not have a launch date, despite being announced in November 2021 by Bukele. Bitfinex and Tether Chief Technology Officer Paolo Ardoino, who has worked closely with El Salvador on the bitcoin bond project, said last month that government officials have told him to expect passage in September.

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