Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s By Cointelegraph


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El Salvador’s historic embrace of (BTC) could have negative consequences for the country’s sovereign credit outlook, according to Moody’s Investors Service.

Moody Agency Analyst Jaime Roche Tell Bloomberg this week reported that the El Salvador bitcoin gambit “definitely adds to the risk portfolio” for a country that has struggled with liquidity problems in the past.