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El Salvador Preparing 20 Bills To Provide Legal Framework To Bitcoin Bonds
09 Jan 2022, 12:36 PM IST i

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El Salvador is drafting legislations to give legal framework to Bitcoin bonds
El Salvador, the first and only country in the world to give legal tender status to Bitcoin, is preparing to introduce 20 bills to provide a legal framework for its upcoming Bitcoin bonds. The government, led by its pro-Bitcoin President Nayib Bukele, said the funds raised will be used to build infrastructure for Bitcoin City and buy more Bitcoin. The Central American country is planning to build an entire city based on the largest c...
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