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3232Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
https://www.digit.info/big-three-credit-agency-fitch-warns-el-salvador-adopting-bitcoin-will-negatively-affect-insurers/
Tue, 17 Aug 2021 15:00:28 +0000https://www.digit.info/2021/08/17/big-three-credit-agency-fitch-warns-el-salvador-adopting-bitcoin-will-negatively-affect-insurers/Read more]]>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 tender in the country. Fitch believes that after the country enforces the new tender law it will face “volatility risk” alongside “regulatory and operating risks” […]