The parliament of El Salvador has just passed a law that allows the issuance of digital assets, including bonds based on Bitcoin.
Recall that the authorities of the country started in November last year to consider the document, which has been designed to introduce into the legal field the procedure for interacting with issuers of virtual assets and users.
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According to the National Bitcoin Office of El Salvador (ONBTC):
"The law also paves the way for the Volcano Bond, which we will soon begin issuing."
The idea of this tokenized security was first announced in July, when Bitfinex announced it had entered into a partnership with the authorities of El Salvador on Bitcoin initiatives.