El Salvador Send Bills Congress Legal Certainty Bitcoin Bond Issuance


In an interview on a local television station today, El Salvador Finance Minister Alejandro Zelaya announced that they will be sending about twenty bills to congress that will provide legal certainty for their Bitcoin Bond issuance, according to Reuters.

These twenty bills will “provide a legal structure and legal certainty to everyone who buys the bitcoin bond,” Zelaya stated. After President Nayib Bukele announced Bitcoin Bonds this past November, the government began working on creating the legal framework to cover the issuance of securities on Bitcoin and corresponding market regulation.




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