Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue
Concerns over ability to service debt, concentration of power in the presidency, and adoption of bitcoin as legal tender ...
Wednesday, June 29, 2022
Tag: Fitch
Fitch Says Improved Regulation Could Moderate Stablecoin Credit Risks
Increased regulatory certainty regarding the status of stablecoin and their issuers may create market opportunities, as regulatory risks have ...
Stablecoins Like Tether Could Pose New Risks to Securities Markets, Warns Fitch
“We believe it will not directly affect the CP market due to the government-securities focus of Diem’s declared reserve ...
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 ...
