El Salvador prepares to launch bitcoin bond: ‘If this fails, a lot of doors close’

President Nayib Bukele is relying on crypto fans to boost finances amid growing criticism from US and IMF

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Six months after El Salvador became the first country to make bitcoin legal tender, the government is scrambling for funds to repay and refinance expiring debt.
Six months after El Salvador became the first country to make bitcoin legal tender, the government is scrambling for funds to repay and refinance expiring debt. (Foto: Marvin Recinos/AFP/NTB)