Bitcoin bond still on hold, El Salvador accused of human rights violations

Bitcoin bond still on hold, El Salvador accused of human rights violations

El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon. Meanwhile the country faces a “human rights crisis.” El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC) bond citing price volatility and uncertain market conditions resulting from the ongoing Russo-Ukrainian war.The news comes at the same time that Amnesty International accused the Salvadoran authorities of “flagrant violations of human rights and....


Related News

Provenance Tackles Illegal Fishing and Human Rights Violations with Blockchain Technology

Provenance, a UK based blockchain supply chain traceability solution provider intends to fight illegal fishing and associated human rights violations. The applications of blockchain technology are proving to be endless. Name a challenge and it can probably be solved using Bitcoin’s underlying technology. Provenance, a social enterprise has proven it by adopting the technology for supply chain management, effectively tackling illegal fishing and human rights abuses. Project Provenance Limited, based out of the United Kingdom offers blockchain based supply chain transparency and traceability....

El Salvador Pegs Bitcoin Sovereign Bond Launch Between March 15-20

El Salvador’s finance minister, Alejandro Zelaya, stated on Friday that the Central American country is looking for the ideal time to introduce a bitcoin-backed bond, which might happen between March 15 and 20, depending on the outcome of the Ukraine conflict. El Salvador Bitcoin Bond To Fund Bitcoin City President Nayib Bukele plans to issue […]

Who And Why Received The 5 BTC In Grants From The Human Rights Foundation?

For the second quarter of 2012, the Human Rights Foundation’s Bitcoin Development Fund distributed 500 million satoshis in grants. The receiving projects came from “Cuba, Turkey, Pakistan, Ghana, Venezuela, Burma, and beyond,” according to Chief Strategy Officer Alex Gladstein. In this round, the Human Rights Foundation focused on “Bitcoin software development, community building, censorship monitoring, […]

$325K In “Gifts” From The Human Rights Foundation, Who In Bitcoin Received Them?

The Human Rights Foundation announced its round of “gifts” for Q3, 2022. Sadly, they’re not denominated in sats and BTC like on previous occasions. To compensate, they’re the biggest donations yet in fiat terms. How did The Human Rights Foundation distribute the $325K  from its Bitcoin Development Fund? What projects and developers received much-needed funding […]

Human Rights Foundation Announces $70,000 In Bitcoin Development Grants

The Human Rights Foundation is donating to Jesse Posner, Munn Wallet, Janine Roem and Blockchain Commons.