Fitch Ratings

Fitch: Global Banking Regulations And Capital Requirements Avoid Crypto-Backed Lending

Key Points: The Basel Committee on Banking Supervision's (BCBS) new global recommendation for prudent crypto-asset treatment may prevent banks from…

2 years ago

Fitch Ratings Warns Of El Salvador’s Default Risk

Fitch Ratings downgraded El Salvador's long-term foreign currency issuer default rating (IDR) to "CC" from "CCC," noting the country's poor…

2 years ago

El Salvador Seeks To Buy Back $1.6 Billion In Debt To Quell Fears Of Default

Amid falling Bitcoin (BTC) prices and growing concerns about El Salvador defaulting, the Central American country is attempting to buy…

2 years ago

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