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    Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks

    • Post author:MiamiCrypto
    • Post published:February 10, 2022
    • Post category:bitcoin legal tender/El Salvador/el salvador bitcoin/El Salvador bitcoin legal/Finance/Fitch/fitch El Salvador/Fitch Ratings/IMF

    One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender…

    Continue ReadingFitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks
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