With more than 5,000 people attending, it will be the largest DeFi conference in history.
El Salvador’s case, a world-first, has drawn the ire of policymakers in the US and has prompted legislation in the House and Senate, which seek to study the potential risks to the world’s largest economy.
Prospera, established in 2020, is a privately-managed settlement in Honduras with its own political system at the judicial, economic and administrative levels.
Municipalities in Honduras are also now allowed to issue bonds in bitcoin to entice foreign investment.
Investors receive compensation in the form of fixed-rate coupons which are typically paid out on a quarterly, bi-annually or annual basis.