A. Italy
B. Venezuela
C. El Salvador
D. Marshall Islands
Answer
Correct Answer: C. El Salvador
Detail About MCQs
El Salvador has decided to issue the world’s first sovereign Bitcoin bonds and build Bitcoin City, which will be free of income, property, and capital gains taxes.
El Salvador plans to issue $1 billion in tokenized US-dollar denominated 10-year bonds. Half of the funds of the ‘volcano bond’ will be converted to Bitcoin and the other half will be used for infrastructure and Bitcoin mining powered by geothermal energy.