Bloomberg

El Salvador Plans Tokenized Bitcoin Bonds and Tax-Free ‘Bitcoin City’

(Bloomberg) — El Salvador intends to issue the world’s first sovereign Bitcoin bonds and build Bitcoin City, which will be free of income, property and capital gains taxes, President Nayib Bukele announced in the beach town of Mizata to a crowd of cheering Bitcoin enthusiasts. Most Read from BloombergNew York City Is Building a Wall of Oysters to Fend Off FloodsA Denser City, But at What Cost?The Women Behind Historic House DesignsAn Oil Company Went Up in Flames, Burning Lenders and the Planet