Could Bitcoin crash make El Salvador go BUST? Govt has lost $40m amid plans to build crypto city - Daily Mail
5/13/2022 12:00:00 AM2 years 11 months ago
by Walter Finch
by Walter Finch
The losses - equal to the Central American country's next bond payment - come amid a so-called 'crypto winter' that means markets now doubt El Salvador's ability to service its debts.
El Salvador's Bitcoin bet could be putting the country in peril as its holdings have already lost $40m in amid a cryptocurrency rout. The losses - equal to the Central American country's next bond p… [+7607 chars]
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