Bitfinex Securities launches first tokenized US Treasury bill in El Salvador

Bitfinex Securities is teaming up with NexBridge to bring a tokenized US Treasury bill to El Salvador. USTBL leverages Bitcoin’s technology of Liquid Network and Blockstream AMP. Proceeds of the $30 million initial raise are to be allocated in iShares Treasury Bond 0-1yr UCITS ETF, per the announcement.

Bitfinex Securities launches tokenized US Treasury Bills in El Salvador

Bitfinex Securities has launched the first regulated public offering of tokenized U. S. Treasury Bills under El Salvador’s new securities framework.   The offering enables investors to purchase digital tokens linked to short-term U.

El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering

The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.

‘I Told You So’ — Nayib Bukele Gloats As El Salvador’s Bitcoin Bet Reaps $108 Million Profit

As BTC hits new all-time highs after new all-time highs, El Salvador has reaped huge benefits — and Bukele is taking a victory lap.

Will Argentina Take the Leap to Make Bitcoin Legal Tender Like El Salvador? Experts Weigh In

As Argentina grapples with economic turmoil, speculation is growing about whether the country will follow El Salvador's bold move to adopt Bitcoin as legal tender. 

IMF Continues To Pressure El Salvador To Scale Back Its Bitcoin Experiment

The International Monetary Fund (IMF) is still not comfortable with El Salvador’s Bitcoin gamble. At a press conference on Thursday, the IMF renewed its call for El Salvador to narrow down the scope of its Bitcoin legislation and revamp its regulatory framework surrounding the cryptocurrency.

IMF Critical of Bitcoin and El Salvador

The International Monetary Fund (IMF) renewed its calls for El Salvador to scale back its Bitcoin policies