The launch of the iconic bitcoin bonds of El Salvador, issued to fund the construction of the Bitcoin City announced last year, will be further delayed, according to Bitfinex CTO Paolo Ardoino.
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed for the issuance of these digital securities is still not ready.
The launch of the iconic bitcoin bonds of El Salvador, which will serve to fund the construction of the Bitcoin City announced last year, will be further delayed, according to reports coming from Paolo Ardoino, CTO at Bitfinex. In a recent interview offered to Fortune, ArdoinoHowever, Ardoino made a prediction on the launch date of the bonds. He declared:If the law passes by September, I would expect it to reasonably take two to three months to have everything else rolled out.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Podcast: Crypto.com's Huge Mistake, Tether Furious, OneCoin Extradition, Buterin's New Book | CoinMarketCapAlso on today's CoinMarketRecap podcast with Connor Sephton, El Salvador's Bitcoin bonds are delayed yet again — and some experts think they'll never launch at all.
Read more »
El Salvador's 'Volcano Bonds' Suffer Yet Another Setback, as First Anniversary of Bitcoin Law Nears | CoinMarketCapA law that will allow the Bitcoin-backed bonds to proceed hasn't been approved yet — and 'two to three months' of further work would be needed after that 🙄
Read more »
Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador – Emerging Markets Bitcoin NewsBitcoin Beach in El Zonte, iconic due to its adoption of bitcoin for payments, is getting a set of infrastructure upgrades from the Salvadoran government.
Read more »
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High – Bitcoin NewsOn Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report – Bitcoin NewsBitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report.
Read more »
Commentary on Stronghold Digital Mining's Q2'22 EarningsBusiness Overview Stronghold is a vertically integrated digital asset miner focused on mining Bitcoin. In addition to Bitcoin mining, Stronghold operates
Read more »