El Salvador’s bonds on the rise despite Bitcoin fearmongering

El Salvador’s bonds on the rise despite Bitcoin fearmongering

Central American nation El Salvador has found itself criticized by financial watchdogs for its Bitcoin (BTC) adoption, but investors seemingly appreciate it. On Monday (Oct. 7) bonds issued by El Salvador rallied after the country asked holders of dollar-denominated transactions to tender their notes. The government is offering to buy back the notes from investors for…