El Salvador postpones Bitcoin bonds to September: Report By Cointelegraph

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© Reuters.

The government of El Salvador has reportedly decided to postpone the issue of a (BTC)-backed bond due to the unfavorable market conditions fueled by the geopolitical crisis.

El Salvador’s “Volcano Bond” will not go live in March as the Salvadoran government expected previously, finance minister Alejandro Zelaya said in an interview with a local TV channel.

Bitcoin 180-day price chart. Source: CoinGecko