Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

CryptoSlate 2021-08-18 04:00:41

Bitcoin legalization can dampen El Salvador’s credit rating, Fitch says

Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector. The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets. The post Bitcoin legalization can dampen El Salvador’s credit rating, Fitch says appeared first on CryptoSlate.

freebitcoin
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.