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El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds By Cointelegraph



© Reuters.

El Salvador continues to lead the (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds.

The initiative was first announced by Bukele at El Salvador’s Bitcoin Week conference, which sought to celebrate Bitcoin’s mainstream adoption in the country and increase citizen participation.