El Salvador Bitcoin Losses Enough for Its Next Bond Payment
- Date: 13-May-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
El Salvador Bitcoin Losses Enough for Its Next Bond Payment
(Bloomberg) -- El Salvador’s gamble on Bitcoin has already cost the nation’s cash-strapped government enough to cover its next interest payment to bondholders, showing the increased risks posed by its experiment with the cryptocurrency.
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