Category: IMF

El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global

El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global

S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating. 1324 Total views 31 Total shares Credit rating agency Standard and Poor (S&P) Global believes the country of El Salvador has severely harmed its credit rating after enacting its Bitcoin Law recognizing BTC as legal […]

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Marshall Islands digital currency would ‘raise risks,’ says IMF

Marshall Islands digital currency would ‘raise risks,’ says IMF

Thanks to COVID measures, the local economy may not recover until 2022. 113 Total views 1 Total shares A representative for the International Monetary Fund has said the Marshall Islands’ digital sovereign currency would currently pose a risk to the islands’ financial stability.  Following a March consultation, International Monetary Fund, or IMF, representative Yong Sarah […]

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