Home Cryptocurrency El Salvador launches two debt buybacks amid uncertainty over its bitcoin bond

El Salvador launches two debt buybacks amid uncertainty over its bitcoin bond

by SuperiorInvest

In July, when the president of El Salvador, Nayib Bukele, presented In the buyback plan, the initiative was seen as an attempt to counter speculation of a possible default amid strained relations between the Central American country and the traditional credit market, especially after El Salvador introduced Bitcoin (BTC) as legal tender in September 2021.

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