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Sunday, February 13, 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

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