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Tag: El Salvador Bitcoin

Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s

The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.

Bitcoin News: El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds

El Salvador was the first nation that had decreed that Bitcoin was a legal currency. However, the move has not been very successful in the country, and things are turning to worse in 2022 with the value of BTC tanking. BTC saw an overall decline of 17.5% over a few weeks. The bitcoins held by

The post Bitcoin News: El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds appeared first on CoinGape.

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