Back

Caribbean & Central America - September 2022

EL SALVADOR: Bitcoin experiment leaves public finances teetering

One year on from the adoption of cryptocurrency bitcoin as legal tender, El Salvador’s President Nayib Bukele is scrambling to find ways to avoid defaulting on foreign debt after the move affected investor confidence.

End of preview - This article contains approximately 1254 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.