El Salvador Passes Law Paving the Way for ‘Volcano Bond’

In a statement released Wednesday, Bitfinex stated that it “will be an infrastructure provider for what it says should really be termed the “Volcano Token” – “a digital token which would help El Salvador to raise capital to pay down its sovereign debt, direct funds towards the creation of Bitcoin ( $63,949.00 ) mining infrastructure, and fund the construction of ‘ Bitcoin ( $63,949.00 ) City’.”