El Salvador – Page 54 – Miami Crypto Coin

Draft El Salvador Bitcoin banking regulations released

Post author:MiamiCrypto
Post published:August 19, 2021
Post category:Bitcoin Law Central Bank El Salvador Regulations

El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin.

Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers

Post author:MiamiCrypto
Post published:August 17, 2021
Post category:Big Three Big Three Credit Agency Bitcoin Bitcoin (BTC)Bitcoin Legal Tender Law Business Sector Caa1 Credit Agencies Crypto Adoption Downgrade El Salvador expenses Fitch bitcoin Fitch Ratings Fitch Report Insurance Insurance Sector insurers IT absorption Moody's Negative negative rating News Salvadoran Congress Sept. 7 Tender Law

Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal…

Fitch Ratings warns El Salvador’s ‘Bitcoin Law’ will pose risk to local insurers

Post author:MiamiCrypto
Post published:August 17, 2021
Post category:El Salvador Insurance

Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans.

President of Argentina Open to Adopting Cryptocurrencies as Legal Tender

Post author:MiamiCrypto
Post published:August 16, 2021
Post category:alberto fernandez Argentina Cryptocurrency El Salvador Emerging Markets legal tender President

Alberto Fernandez, the president of Argentina, stated he is open to the adoption of cryptocurrencies as legal tender in an interview this week. Fernandez said there is a big discussion…