El Salvador approva il disegno di legge associato alle obbligazioni garantite da Bitcoin
- Il disegno di legge "Digital Asset Issuance" apre la strada all'attesissimo legame garantito da Bitcoin, chiamato "Volcano Bond in El Salvador".
- Il disegno di legge è stato approvato l'11 gennaio con 62 voti a favore e 16 contrari e diventerà legge una volta approvato dal Presidente.
- The National Bitcoin Office of El Salvador recently tweeted about the bill’s passage and said it will soon begin issuing the bonds.
- The technology provider for the Volcano Bond, Bitfinex, also took to Twitter to celebrate the bill’s passage.
El Salvador, the first country to adopt Bitcoin as a legal tender, has finally passed the landmark bill, providing the legal framework for all digital assets except Bitcoin. Moreover, the law also paves the way for the country’s highly-anticipated Bitcoin-backed bond, called the “Volcano Bond,” which aims to pay down the country’s sovereign debt and fund Bukele’s highly ambitious construction plans for “Bitcoin City.”
The bill, which was passed on January 11 with 62 votes in favor and 16 votes against, is expected to become law following its ratification by President Nayib Bukele. The National Bitcoin Office of El Salvador recently tweeted about the bill’s passage and said it will soon begin issuing the bonds.
Come riportato in precedenza da Bitnation, El Salvador ha istituito una nuova agenzia chiamata National Bitcoin Office (ONBTC) to lead all the projects related to blockchain and cryptocurrencies in the Central American nation. The agency has been given freedom to collaborate and design projects involving Bitcoin and also join forces with organizations based in other nations for the same and its task will be to “design, diagnose, plan, program, coordinate, follow up, measure, analyze and evaluate plans, programs, and projects related to bitcoin for the economic development of the country.”
Anche il fornitore di tecnologia per Volcano Bond, Bitfinex, è andato su Twitter per celebrare the bill’s passage. Interestingly, the term “volcano” for the bonds is derived from the nation’s Bitcoin City, which is projected to become a renewable crypto-mining hub fuelled by hydrothermal energy from the nearby Conchagua volcano.
Secondo a Bitfinex, il Volcano Bond, o Volcano Tokens, consentirebbe a El Salvador di raccogliere fondi per ripagare il suo debito sovrano, finanziare lo sviluppo di Bitcoin City e stabilire un'infrastruttura di mining di Bitcoin.
La rinomata piattaforma di scambio di criptovalute ha anche notato che la tanto attesa città sarebbe una zona economica speciale, simile a quella cinese, con vantaggi fiscali, regolamenti che supportano le criptovalute e altri incentivi per le persone ad avviare attività in Bitcoin.
“With the passing of this digital securities law, El Salvador will offer unprecedented consumer protection from bad actors in the ‘crypto’ space while also firmly establishing that we are open for business to all those who wish to build the future with us on bitcoin,” Bitfinex further stated.
In particolare, il governo mira a raccogliere $1 miliardo dalle obbligazioni, di cui la metà dedicata allo sviluppo della zona economica speciale.
The new law also establishes the National Digital Assets Commission, a regulatory body tasked with enforcing El Salvador’s securities laws, protecting the rights of issuers and purchasers of digital assets, and preventing fraudsters from conducting business in the Bitcoin City.
In a recent interview, Samson Mow, a supporter of Bitcoin who worked on the development of the Volcano Token, said that the recently passed law would help make the nation a “major” financial hub.
“The move to pass the new Digital Securities Law, and enable new instruments like the Bitcoin Bonds, will help El Salvador to pay off their existing debts and will be critical to transforming the country into a major financial center of the world,” he stated.