The History of El Salvador’s 1 Billion Dollar Bitcoin Move Has Been Announced!

Bitcoin El Salvador, the first country to make it a legal currency, announced plans to issue $1 billion in bitcoin bonds in November.

1 billion dollars bitcoin The date of the bond issue has been determined.

The date has been determined: March 15-20

El Salvador’s Finance Minister, Alejandro Zelaya, participated in a TV show today with a $1 billion dollar bill. bitcoin announced that the bond issuance will take place between March 15-20.

It was stated that the bond will be launched on Liquid, a Bitcoin-based service created by Blockstream, so that investors can join the deal with as little as $100.

The minister also said that the bond in question will comply with all financial market regulations and meet KYC requirements.

$1 billion in November bitcoin It was stated that $ 500 million of the bonds will be spent on Bitcoin mining infrastructure, while $ 500 million will remain locked for 5 years.

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