Fitch

El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally
El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally
Since Fitch downgraded El Salvador’s debt rating in September 2022 with a prediction of a debt default in January 2023, the country’s junk-rated bonds have skyrocketed, mirror...
El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally

El Salvador’s Bitcoin Adoption ‘Largely Underwhelming’: Researcher
El Salvador’s Bitcoin Adoption ‘Largely Underwhelming’: Researcher
September marks the one year anniversary of El Salvador recognizing bitcoin (BTC) as legal tender. LSE Public Policy Fellow Frank Muci discusses the outcomes of El Salvador’s...
El Salvador’s Bitcoin Adoption ‘Largely Underwhelming’: Researcher

El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election
El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election
El Salvador is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption, according...
El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election

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Fitch: Regulation Could Rob Bitcoin of its Low-Cost Appeal
Fitch Ratings believes bitcoin is still too small to affect traditional payment systems and national currencies.
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