Bookmarking Crypto Insights
Auto Added by WPeMatico
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that the bitcoin adoption has had “immediate negative implications for its credit rating.” … Read more
According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption of bitcoin as the crowd set fire to a bitcoin ATM. Human Rights Group … Read more
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating. Go to Source Powered by WPeMatico
The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.” Go to Source Powered by WPeMatico
On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in regard to the bitcoin law and the Chivo wallet, a government-crafted … Read more
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout. Go to Source Powered by WPeMatico
El Salvador’s effects, Coinbase’s woes, and the digital euro’s prospects. Go to Source Powered by WPeMatico
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading. Go to Source Powered by WPeMatico
Following El Salvador making bitcoin legal tender, a survey was conducted to ascertain whether U.S. adults support or oppose a similar move in the U.S. Among 4,912 adults who participated, 61% did not oppose. Majority of Adults in US Do Not Oppose Making Bitcoin Legal Tender, Survey Shows Yougov America Inc. conducted a survey Thursday … Read more
Resistance against El Salvador’s move to make Bitcoin a legal tender persists even as the law comes into effect. Go to Source Powered by WPeMatico