Tag: counterparty risks

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IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

February 12, 2023

According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial agency warns that if its legal tender…
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NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

November 19, 2022

It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga and goes straight to the implications of the fall of Sam Bankman-Fried’s empire. “Some signs of contagion have…
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