El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service. Moody’s analyst Jaime Reusche told ...
Tag: Sovereign
Fidelity expects more sovereign nations to acquire Bitcoin in 2022
In a recent report, Fidelity said that there was a high chance for more sovereign nation-states to acquire Bitcoin this year. According to the asset manager’s 2021 roundup, last year was marked with o...
Why Sovereign Nation States May Begin Acquiring Bitcoin In 2022
Bitcoin has grown from being ‘internet money’ used by only a few thousand people during its first few years to being part of the balance sheets of big companies and sovereign states. El Salvador is a ...