President Bukele hits out at Bitcoin Bond ‘FUD’ as CZ jets in to El Salvador
El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion 'volcano bond.'
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El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion 'volcano bond.'
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well.
The government has repeatedly announced that its “volcano bonds” would launch by March 20, but it has apparently failed to deliver.
El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as legal tender.
A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally.
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