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El Salvador Passes Law Paving the Way for ‘Volcano Bond’

Altszn.com by Altszn.com
January 12, 2023
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El Salvador Passes Law Paving the Way for ‘Volcano Bond’
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In a statement released Wednesday, Bitfinex stated that it “will be an infrastructure provider for what it says should really be termed the “Volcano Token” – “a digital token which would help El Salvador to raise capital to pay down its sovereign debt, direct funds towards the creation of Bitcoin mining infrastructure, and fund the construction of ‘Bitcoin City’.”

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