- El Salvador is steaming ahead with its Bitcoin strategy.
- The country now offers crypto investors a path to citizenship.
- That and much more in this week's Roundup.
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Adam here.
El Salvador’s bet on Bitcoin looks good again following the recent rally above $40,000. Its Bitcoin investments are now worth about $120 million.
The country’s government is now planning another bold Bitcoin move — Volcano Bonds. The bonds are due to go live in 2024 after approval from the Digital Assets Commission, further fuelling Nayib Bukele’s crypto push.
The politician has stepped down from the presidency to mount a reelection campaign for the election in February.
El Salvador has also launched a path for a citizenship for anyone who invests more than $1 million in Tether or Bitcoin.
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Post of the week
reporters turning in big stories to their editors... https://t.co/H4imqsw6o0
— Natalie Alms (@AlmsNatalie) December 14, 2023
This week’s Tweet of the week is a meme that might be a bit old but it still checks out. Shout out to all the DL News editors helping us get our end-of-year stories over the line!
