Bukele has the launch of bitcoin bonds in his hands
Stacy Herbert, from El Salvador's National Bitcoin Office, says there will be news soon about the expected launch of its bonds
The National Bitcoin Office assures that the arrival of El Salvador's volcano bonds is approaching
With the financial instrument it is expected to raise 1,000 million dollars.
The Salvadoran government has repeatedly failed to fulfill its promise to launch volcano bonds
El Salvador's bitcoin bonds have not yet arrived despite the fact that they are already more than 2 years late. However, everything would be about to change. At least, that's what ONBTC National Bitcoin Office Director Stacy Herbert claims.
The president has the launch in his hands and I think there will be some news about it soon,” Herbert told Forbes, as seen in a publication shared on X by the American bitcoiner herself.
Apparently, the debt instrument is ready to see the light of day, although those were the same words Herbert spoke at the beginning of the year when he said that bitcoin bonds would be issued before the end of the first quarter of 2024. However, the wait continues. that the announced bonds are issued, with which it is estimated to raise about 1,000 million dollars
Now, in the Forbes publication it is reaffirmed that the bitcoin bonds “will serve to finance the Bitcoin City project, which is a city that Bukele promised to build in the department of La Unión, in the east of the Central American country.
To clear up doubts, CriptoNoticias has tried, on several occasions, to make contact with the ONBTC and the representatives of Bitfinex, which is the company in charge of launching and negotiating the bonds, as well as with the Digital Assets Commission. All with the idea of knowing if the bitcoin bonuses will finally be launched on the scheduled dates, but, so far, they have not been obtained
In any case, the regulation to issue the so-called volcano bonds was approved in December
