El Salvador's long-awaited Volcano Bonds or Bitcoin Bonds have finally received regulatory approval from the Digital Assets Commission (CNAD) and the assets are expected to be issued during the first quarter of 2024.

The information was published in X, on December 11, by the National Bitcoin Office, a body created in 2022 to monitor and design projects related to the digital currency. The message recalls that the bonuses will be offered through Bitfinex Securities, a regulated division of the cryptocurrency exchange of the same name.
President Nayib Bukele confirmed the approval of the bonds by the CNAD in a message from X, where he published a phrase in the tone of a question on Tuesday. "When are the volcano bonds?" (Wen volcano bond?), the president wrote. He then retweeted writings from several media outlets, confirming that the bonds would be issued early next year.
This is a commitment made two years ago, as Salvador continues with the pending task of making the promise he has made several times a reality.