Tag: fitch ratings

Hong Kong Regulators Welcome Crypto Platforms with New Laws

BlockchainFebruary 20, 2023

Hong Kong’s Securities and Futures Commission is mulling over new regulations to enable platforms operating in the region to offer services to retail investors....

B2B will be the centerpiece of the future BNPL landscape

CrowdfundingDecember 1, 2022

The following is a guest post by Galia Beer-Gabel, Partner, Team8. Over the past few years, a stream of new and innovative Buy Now,...

Chinese real estate stocks surged this month. But analyst warns of ‘weak reality’ vs. high expectations

Real EstateNovember 20, 2022

China's housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official...

American credit rating agency Fitch Ratings downgrades El Salvador over bitcoin adoption.

BlockchainFebruary 10, 2022

American credit rating agency Fitch Ratings lowered El Salvador’s long-term Issuer Default Rating (IDR) from B- to CCC, citing “policy unpredictability” and the “adoption of Bitcoin as a legal tender” as some of the factors that led to the downgrade. Apart from these, the statistical rating organization explained that reliance on short-term debt, an $800 million Eurobond […]

Read full post American credit rating agency Fitch Ratings downgrades El Salvador over bitcoin adoption. on Chaintimes.com.

El Salvador to Elevate Bitcoin Status by Issuing Bonds

BlockchainFebruary 10, 2022

El Salvador is planning to issues its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced. (Read More)

Russia’s Crypto Ban Will Ease Risks But Limit Tech Diffusion: Fitch

BlockchainJanuary 30, 2022

The proposed attempt by the Central Bank of Russia (CBR) to ban digital currencies and related operations in the country has been identified by Fitch Ratings as a double-edged move that has its ups and downs. (Read More)

Nevada’s $13.4bn Gaming Revenue for 2021 Breaks State Record

GamingJanuary 28, 2022

The Nevada gambling sector hit new highs in 2021 after generating an all-time annual record of $13.4bn in gaming revenue.

The post Nevada’s $13.4bn Gaming Revenue for 2021 Breaks State Record appeared first on Latest Online Gambling News.

Fitch Analysts Don’t Expect US Operators to Be Targeted in Macau

GamingJanuary 11, 2022

Casino operators in Macau are waiting to see what the final results of the city’s updated gambling laws will look like. They’re likely a little anxious, but Fitch Ratings analysts don’t believe they should be. Macau’s government and gaming regulators are working on updated gambling laws, which are expected to be released in the coming […]

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