Search Results for: Salvadoran

Las tres grandes agencias de crédito critican la adopción de Bitcoin en El Salvador — S&P Global advierte sobre "implicaciones negativas inmediatas"

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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…

Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction

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According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (Cajero automático) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption…

Biggest Bank in El Salvador Now Accepts Bitcoin as Payment for Financial Products

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Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its…