The Latin American country El Salvador is closer to realizing its dream of creating the Bitcoin City. As per reports, crypto exchange Bitfinex will issue the country’s long-awaited “volcano” tokens this year in 2023. The Volcano token is basically a Bitcoin bond issued using blockchain technology and will trade on the Bitfinex exchange. Paolo Ardoino, the Chief Technology Officer at Bitfinex said that he sees sufficient demand for the proposed $1 billion Bitcoin bond for El Salvador. (coingape)
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