Weekly Report - 24 March 2022 (WR-22-12)

El Salvador delays bitcoin bond issuance

The much-anticipated US$1bn issue of the cryptocurrency bitcoin on 20 March, the first of its kind, has been postponed by El Salvador’s government. The finance minister, Alejandro Zelaya, said on 22 March that the government was awaiting a more settled financial market before issuing the ‘volcano bond’. This wait could be quite long.

End of preview - This article contains approximately 406 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.