El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
El Salvador’s congress has passed a digital securities law that would allow the nation to issue Bitcoin-backed bonds, also known as Volcano Bonds. The Legislative Assembly of El Salvador approved the bill by 62 votes to...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Legislative Assembly of El Salvador approved the bill by 62 votes to 16 on January 11. The bill will become law after being ratified by President Bukele....
Read More: El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Solana treasury firm cuts shares 700-for-1 but leaves room for nearly 100 billion more
Solana treasury company SOLAI Limited (formerly BIT Mining) said shareholders approved a capital reset that leaves it with 100 bil...
US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation
Bitcoin Magazine US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation The U.S. Department of the Treasury i...
Clarity Act Uncertainty Keeps DeFi’s Bigger Market Bet on Hold
Bitcoin has fallen 21% this year, Ethereum is down 33%, and Solana has dropped 37%, according to Bitwise Chief Investment Officer...
This public company quit solar for a $5 million Bitcoin bet, now it has just $166,000 in cash
Sono Group’s transition to a Bitcoin-heavy treasury is laying bare the severe financial strain at the core of the restructured com...
Strategy reaffirms focus on STRC as Digital Credit with 12% annual dividend
Strategy Inc.'s focus on STRC may shift investor sentiment, emphasizing preferred securities over common stock, affecting market d...
Half of Aave’s debt sits in just 9% of positions built around one Ethereum correlation trade
Galaxy's Aug. 7 snapshot of Aave V3 Core found 19,073 loans on the protocol after applying standard filters. Fewer than 9% of thos...