MONEDIAL.comThe History of Bitcoin

· regulation

El Salvador passes Digital Asset Issuance Law

The law created a legal framework for digital-asset issuances in El Salvador and was widely understood as the enabling legislation for the long-planned Volcano Bond. It did not itself issue the bond; that required a later regulatory approval.

The law created a legal framework for digital-asset issuances in El Salvador and was widely understood as the enabling legislation for the long-planned Volcano Bond. It did not itself issue the bond; that required a later regulatory approval.

The practical Bitcoin channel was sovereign Bitcoin financing framework. The measure or case operated through law, licensing, custody, trading, or compliance rather than changing Bitcoin's protocol; where allegations or proposals were involved, they remained allegations or proposals at this stage.

The Bitcoin connection ran through sovereign Bitcoin financing framework. Creates legal framework enabling the Volcano Bond; distinct legal stage from later approval.

Dec. Volcano Bond approval.

Sources

  1. Ley de Emisión de Activos Digitales
  2. El Salvador passes law on digital assets, paving way for Bitcoin bonds