
The Integration of Crypto and TradFi
The Breakdown
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Regulatory Approval of El Salvador's Bitcoin Bonds and Investment Visa Program
This chapter discusses the regulatory approval of El Salvador's Bitcoin bonds, referred to as Volcano bonds, and the announcement of an investment visa program for crypto nomads. It explores how the bonds will be used to pay down government debt, fund the construction of Bitcoin city, and offer a 6.5% annual interest payment over a 10-year period.
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