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Fitch Ratings Warns About This Negative Aspect of El Salvador’s Bitcoin (BTC) Adoption

Fitch Ratings has joined the long line of opposition in regards to El Salvador’s Bitcoin Legal Tender. The global credit rating agency has alerted the nation of substantial risks post-BTC adoption. Fitch Ratings argue that BTC legal tender will cause credit negative for local insurance companies. This would mean, profits can quickly convert into losses

Fitch Ratings has joined the long line of opposition in regards to El Salvador’s Bitcoin Legal Tender. The global credit rating agency has alerted the nation of substantial risks post-BTC adoption. Fitch Ratings argue that BTC legal tender will cause credit negative for local insurance companies. This would mean, profits can quickly convert into losses

BTC Adoption
Bitcoin News
BTC Adoption
Bitcoin News

Will Colombia become El Salvador 2.0 after President Advisor’s stance on BTC?

Jehudi Castro Sierra, Advisor to the President of Colombia, applauded Bitcoin (BTC). He called it the “most brilliant piece of software ever.” The Colombian President’s Advisor asserted his position in the parliament as the tech and digital advancement Advisor, instead of a political consultant. Sierra’s appreciation of cryptocurrencies like Bitcoin, along with his eminent position

Jehudi Castro Sierra, Advisor to the President of Colombia, applauded Bitcoin (BTC). He called it the “most brilliant piece of software ever.” The Colombian President’s Advisor asserted his position in the parliament as the tech and digital advancement Advisor, instead of a political consultant. Sierra’s appreciation of cryptocurrencies like Bitcoin, along with his eminent position