According to Odaily, Corbin Keegan, who claims to be the first citizen of El Salvador's Bitcoin City, has temporarily returned to the United States after waiting for over two years for the construction of the settlement. El Salvador's President Nayib Bukele first announced the infrastructure proposal for Bitcoin City in November 2021. The Volcano Bonds, originally planned to be issued in the first quarter of 2024 to fund the construction of Bitcoin City, received regulatory approval last year. However, they have not yet been issued.