The governments of at least three countries have formally acknowledged their interest in issuing a sovereign Bitcoin bond to raise capital.
Afghanistan, Tunisia, Uzbekistan And Bitcoin
Asia Times originally reported the trend April 17 referencing recent statements at this week’s World Bank and International Monetary Fund (IMF) Spring Meetings held in Washington DC.
Afghanistan, Tunisia and Uzbekistan are currently mulling the possibility of a Bitcoin bond, all three interested in the instrument’s potential to help out critical sectors of the economy.
For Afghanistan, a bond could be tied to metals, specifically the country’s $3 trillion lithium industry. Despite being set for expansion due to a shortage of lithium, Afghanistan remains stifled when it comes to borrowing due to international restrictions.
The answer, Asia Times paraphrases Central Bank of Afghanistan governor Khalil Sediq as saying, lies in crypto solutions such as Hyperledger Fabric.
This, he claimed, “could offer a way to access international markets…