On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head
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Michael Saylor: Financial markets are ‘not quite ready’ for Bitcoin bonds
“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin.
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President Bukele hits out at Bitcoin Bond ‘FUD’ as CZ jets in to El Salvador
El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion ‘volcano bond.’
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El Salvador postpones Bitcoin bonds to September: Report
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well.
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El Salvador seems to delay its ‘volcano bonds’ launch
The government has repeatedly announced that its “volcano bonds” would launch by March 20, but it has apparently failed to deliver.
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14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce
El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as legal tender.
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