Latam Insights: Bolivia säljer guld för dollar, Argentina förbjuder Fintech Crypto, Fitch uppgraderar El Salvadors kreditbetyg

Välkommen till Latam Insights, ett kompendium med de mest relevanta nyheterna om krypto och ekonomisk utveckling från Latinamerika under den senaste veckan. I detta nummer, Bolivia antar en lag om att sälja guld för dollar, the Central Bank of Argentina bans fintech

Bitcoin-omfamnande El Salvadors presidents omvalsförklaring slogs ned

Just over a year after overseeing El Salvadors adoption of bitcoin, the Central American countrys 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele

Fitch Ratings nedgraderar El Salvador djupare in i skräpstatus med hänvisning till Bitcoin-risker

One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvadors long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin as legal tender

De tre stora kreditbyråerna kritiserar El Salvadors Bitcoin-antagande – S&P Global varnar för "omedelbara negativa konsekvenser"

All of theBig Threecredit agencies have said that El Salvadors adoption of bitcoin could affect the countrys credit rating in a negative manner. After both Moodys and Fitch Ratings published reports on the matter in El Salvador, S&P Global…