El Salvador seems to delay its ‘volcano bonds’ launch

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El Salvador seems to delay its ‘volcano bonds’ launch
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  • 📰 Cointelegraph
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Where are the volcano bonds? El Salvador’s government seems to have delayed the launch date after Salvadoran Finance Minister Alejandro Zelaya reassured the public that the project would start by March 20.

, the necessary legislation to launch the bond sale still didn’t pass through the Salvadoran parliament.Cointelegraph sent the press request to the presidential administration of El Salvador. As Nikolić informed Cointelegraph, Blockstream doesn’t know about the new dates of the launch because Blockstream is not directly working with the country of El Salvador to offer EBB1.

“EBB1 will simply be issued on the Liquid Network, which is operated by members geographically distributed all over the world. Blockstream serves only as a technology provider. So, whenever they are ready, they will be able to issue the bond on Liquid the same way anyone else can.” In the meantime, El Salvador’s neighboring nation Honduras could follow its lead to becoming the second nation in the world to officially accept Bitcoin (

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