Fitch: Bitcoin Increases Regulatory and Anti-Money Laundering Risks, High Volatility Challenges Its Use as a Store of Value and a Means of Payment

Fitch International, one of the three major credit rating agencies, said bitcoin could increase the regulatory and anti-money laundering risks facing El Salvador’s banking sector, and that the high volatility of bitcoin prices will challenge its use as a store of value and a means of payment.

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