{"id":25039,"date":"2023-12-14T05:10:44","date_gmt":"2023-12-14T05:10:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/el-salvador-to-launch-worlds-first-bitcoin-bonds-on-bitfinex-securities\/"},"modified":"2023-12-14T05:10:44","modified_gmt":"2023-12-14T05:10:44","slug":"el-salvador-to-launch-worlds-first-bitcoin-bonds-on-bitfinex-securities","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/el-salvador-to-launch-worlds-first-bitcoin-bonds-on-bitfinex-securities\/","title":{"rendered":"El Salvador to Launch World\u2019s First Bitcoin Bonds on Bitfinex Securities"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>El Salvador, under the leadership of pro-crypto President Nayib Bukele, is about to launch the first Bitcoin bonds globally. A drop in Bitcoin prices caused the issuance, which was originally scheduled for an early 2022 debut, to be postponed. The innovative financial product known as Bitcoin bonds are scheduled to trade on Bitfinex Securities, providing a distinctive channel for investing.<\/p>\n<p>El Salvador\u2019s entry into the Bitcoin bond market is a noteworthy change in the global financial scene. The country\u2019s plan to issue these bonds was declared by President <a href=\"https:\/\/igaming.org\/crypto\/el-salvadors-nayib-bukele-cancels-bitcoin-conference-appearance-following-unrest-at-home\/\">Nayib Bukele<\/a> in November 2021. But the debut was postponed due to a decline in Bitcoin prices.<\/p>\n<h2>El Salvador\u2019s Ongoing Embrace of Bitcoin<\/h2>\n<p>El Salvador\u2019s support of Bitcoin keeps it in the news. The nation recently launched the \u201cFreedom Visa Program,\u201d which is aimed at wealthy people who are prepared to pay $1 million in Bitcoin or USDT in exchange for a passport. This project is consistent with President Bukele\u2019s ongoing support of Bitcoin.<\/p>\n<p>The Bitcoin bonds will be traded on Bitfinex Securities, which will further strengthen El Salvador\u2019s efforts to support cryptocurrencies. With this action, the nation is positioned to lead the way in incorporating digital assets into established financial markets.<\/p>\n<p>President Bukele has consistently expressed strong support for Bitcoin. El Salvador holds over $130 million worth of BTC, and the cryptocurrency enjoys legal tender status in the country. Despite BTC\u2019s price fluctuations, Bukele emphasizes that El Salvador has no intention of selling its Bitcoin holdings, highlighting a long-term strategy that remains resilient to market dynamics.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>In a statement, President Bukele affirmed, \u201cWe are fully aware that the price will continue to fluctuate in the future; this doesn\u2019t affect our long-term strategy.\u201d El Salvador\u2019s proactive approach to embracing Bitcoin extends beyond national reserves, entering the realm of innovative financial instruments like Bitcoin bonds, showcasing the country\u2019s commitment to fostering a crypto-friendly environment. The upcoming launch on Bitfinex Securities adds a new chapter to El Salvador\u2019s evolving narrative in the crypto space.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/el-salvador-to-launch-worlds-first-bitcoin-bonds-on-bitfinex-securities\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) El Salvador, under the leadership of pro-crypto President Nayib Bukele, is about to launch the first Bitcoin bonds globally. A drop in Bitcoin prices caused the issuance, which was originally scheduled for an early 2022 debut, to be postponed. The innovative financial product known as Bitcoin [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":25040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25039"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25039"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25040"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}