The Block: Fitch downgrades El Salvador rating on debt concerns
Thursday, 10 February 2022 18:59
New York-based Fitch Ratings has downgraded El Salvador’s long-term foreign currency issuer default rating (IDR) to “CCC” from its most recent rating of “B-.” The post Fitch downgrades El Salvador rating on debt concerns appeared first on The Block.
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BeInCrypto: El Salvador’s IDR Downgraded to Junk Status by Fitch Ratings
Thursday, 10 February 2022 13:50
El Salvador's long-term foreign currency issuer default rating (IDR) has been downgraded from ‘B-’ to ‘CCC’ by Fitch Ratings. The post El Salvador’s IDR Downgraded to Junk Status by Fitch Ratings appeared first on BeInCrypto.
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ZyCrypto: XRP Ignites Ultra-Bullish Trajectory — Ripple Predicts 2022 Is Going To Be A ‘Big Year’
Thursday, 10 February 2022 09:16
Key Takeaways XRP’s price rebound has seen it record its strongest gain against top crypto assets in 6 months. XRP has also surpassed Cardano and Solana in market valuation. The surge is being attributed to positive sentiments due to a new ruling in Ripple’s case with the…
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Coingape: Ireland Declares That The Crypto Market Will Not Gain Access To Retail Funds
Tuesday, 08 February 2022 20:34
The Central Bank of Ireland has stated that it is not likely to allow retail investment funds to get either direct or indirect exposure to cryptocurrencies. The bank cites the risks in the crypto market as its reason for the stance. However, the bank considers crypto suitable…
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ZyCrypto: Bitcoin Wins Again! — Russia Prepares To Regulate (Legalize) Bitcoin As Currency On February 18
Wednesday, 09 February 2022 12:22
HODLers in Russia have a reason to smile as holding cryptocurrencies in the country could soon be legalized. According to a Feb. 8 announcement, the Russian government and central bank are jointly preparing draft legislation that will define crypto as currency. Russia Drafts Law To Regulate Cryptocurrency…
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CryptoVibes: Global Crypto Adoption Might Hit Hyper-Inflection Point – Wells Fargo
Monday, 07 February 2022 21:23
Wells Fargo Investment Institute’s global investment strategy team stated that it is not too early to invest in cryptocurrency. However, clearing regulatory hiccups might create “higher-quality investment options” in the coming years. The research division of Wells Fargo Wealth and Investment Management released a report highlighting the…
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BeInCrypto: New York Fed: The Future of Payments Isn’t Stablecoins (Or Is It?)
Tuesday, 08 February 2022 12:46
A recent report by the New York Federal Reserve has opined that stablecoins will not be an integral part of the future of payments — in the U.S. at least. The post New York Fed: The Future of Payments Isn’t Stablecoins (Or Is It?) appeared first on…
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CryptoTicker: Top 3 Exchanges To Buy Cardano From In 2022
Tuesday, 08 February 2022 14:16
Cardano is one of the top 10 cryptocurrencies by market cap. Because of its attractive use case and strong community, it has continually grown in value, assuring profits. Similarly, Cardano is a technology that hopes to revolutionize blockchain tech by improving and generating better outcomes. While the…
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Coingape: Russia’s Head Of Chamber Calls For Bitcoin Mining To Be Recognized As Business
Friday, 04 February 2022 11:09
The government of Russia is coming under more pressure to make more friendly regulations for crypto in the country. A letter sent to Russia’s finance minister by Sergey Katyrin, the head of the Chamber of Commerce and Industry of the Russian Federation (RF CCI), urged the government…
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Coingape: Just-In: Ecuador Plans To Regulate BTC and Other Cryptos
Friday, 04 February 2022 14:33
The Central Bank of Ecuador is planning to come up with a framework to regulate Cryptocurrencies by the end of this year. Guillermo Avellan, the manager of the Central Bank of Ecuador reportedly said that this will give more clarity to the cryptocurrency investors and also help…
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