Better market conditions needed before El Salvador issues bitcoin bond -strategist
Published on: Thursday 27 April 2023
El Salvador's government should consider waiting for better market conditions to issue its much-publicized $1 billion bitcoin-backed bond, said Samson Mow, the strategist behind President Nayib Bukele's project. Two weeks ago, the Central American country rolled out legal framework needed to issue the bond, causing some to anticipate its launch in coming months despite no official announcement.