El Salvador Initiates Groundbreaking Crypto-Backed Bonds to Forge Bitcoin City Development

In a visionary move, El Salvador has unveiled plans to issue innovative crypto-backed bonds, marking a significant stride towards materializing the ambitious Bitcoin City project. Endorsed by the Digital Assets Commission (CNAD), these Volcano Bitcoin bonds, rooted in the country's sustainable Bitcoin mining sector tap

In a visionary move, El Salvador has unveiled plans to issue innovative crypto-backed bonds, marking a significant stride towards materializing the ambitious Bitcoin City project. Endorsed by the Digital Assets Commission (CNAD), these Volcano Bitcoin bonds, rooted in the country's sustainable Bitcoin mining sector tapping into volcanic energy, aim to raise a substantial $1 billion from global investors.