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

14 Jan 2022

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

Alpha Footage 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 this week that El Salvador’s Bitcoin gambit "certainly adds to the risk portfolio" of a country that has struggled with liquidity issues in the past.

Facebook Comments

You can comment on Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s using Facebook here

Disqus Comments

Join the discussion on Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s using Disqus