Bitfinex Expects El Salvador Volcano Token Issuance This Year
- El Salvador to create regulator, prospectus for digital bond
- Bitfinex is looking to hire, open office in El Salvador
Nayib Bukele
Photographer: Camilo Freedman/BloombergThis article is for subscribers only.
Cryptocurrency exchange Bitfinex expects El Salvador to issue its long-awaited “volcano” token this year after the nation’s congress approved a law in December to enable the world’s first sovereign blockchain bond.
The volcano token will be a bond that will be issued using blockchain technology, and which will trade on Bitfinex’s exchange.