El Salvador passes landmark crypto invoice, paving way for Bitcoin-backed bonds

The El Salvador legislature has handed a landmark invoice which can permit it to factor Bitcoin-backed bonds, or Volcano Bonds, along with organising a brand new regulatory frame and felony framework for all virtual belongings rather than Bitcoin.
The El Salvador legislature has passed a landmark bill which will allow it to issue Bitcoin-backed bonds, or Volcano Bonds, in addition to establishing a new regulatory body and legal framework for all digital assets other than Bitcoin.Original article
Author: Coin Telegraph

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