El Salvador bitcoin move opens banks to money laundering, terrorism financing risks -Fitch

El Salvador bitcoin move opens banks to money laundering, terrorism financing risks -Fitch

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-fitch-el-salvador-bitcoin/el-salvador-bitcoin-move-opens-banks-to-money-laundering-terrorism-financing-risks-fitch-idUSKCN2E12BS

El Salvador's law making bitcoin legal tender means banks face higher risks, including of violating rules against money laundering and terrorism financing, rating agency Fitch said in a report on Friday.