Saturday, February 12, 2022

Bitcoin Legalisation, Crypto Uncertainty Drag Down El Salvador's Fitch Ratings

El Salvador has risked scoring funds from the IMF programme that would unlock financing for 2022-23, causing its ratings on Fitch to drop to “junk grade”. In its report, Fitch Ratings said that adopting Bitcoin as a legal tender was not surely an economically viable decision for the country.

from Gadgets 360 https://ift.tt/WQu5Sjr

Labels:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home