S&P: Local Governments In The US Are Examining Cryptocurrencies


According to a report by S&P Global Ratings, some local authorities in the US have begun to examine possible uses for cryptocurrencies.

  • Cryptocurrency of some administrative institutions in the USA under the retirement plan announced that the evaluation has begun.

  • According to the information transmitted by Bloomberg and based on the September 15 report of S&P Global Ratings, cryptocurrencies, increase in value experienced in the last 12 months became the center of attention.

  • New Jersey has state-controlled assets worth $30 billion in total. Common Pension Fund D, He is known to invest in mining companies such as Riot Blockchain and Marathon Digital Holdings.

  • According to the S&P team, investing in the cryptocurrency sector is a part of the retirement plan due to market volatility. may increase the risk level.

  • local governments, digital currencies in tax payments It is also stated that it is examining whether it can be used or not.

  • in a city called Williston, North Dakota. Bills can be paid with cryptocurrencies.

The article named S&P: Local Governments in the USA Examine Cryptocurrencies was prepared by Ömer SAKMAR and published on koinbulteni.com.