Fitch lowers El Salvador’s rating due to Bitcoin adoption
El Salvador faces another whipping from a traditional finance firm for its "forbidden" love for Bitcoin (BTC). American credit rating agency...
Fitch
South East Asian banks venturing into crypto face heightened risks, warns Fitch
After a year of enthusiastic ventures and acceptance regarding cryptocurrencies, banks in South East Asia might be in for a...
Fitch says proposed Russia crypto ban eases risks but curbs innovation
On Friday, credit rating agency Fitch published a research piece about Russia's proposed ban on cryptocurrencies. Although the report agreed...
Russia might undo its mining ban decision, but Fitch Ratings point at other concerns
Soon after the central bank of Russia announced that it is mulling a ban on crypto mining, reports now point...
El Salvador Bank Bitcoin Risk to Depend on Adequacy of Regulation – Fitch Ratings
Additionally, the lack of tax on BTC capital gains could attract foreign inflows of bitcoin to the country, increasing money...
