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Fitch warns bitcoin-backed securities carry speculative-grade risks — Images.cointelegraph.com
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Fitch warns bitcoin-backed securities carry speculative-grade risks

Credit rating agency Fitch Ratings has flagged a high degree of risk in Bitcoin-backed securities, saying such products carry “heightened risks” that are “consistent with speculative-grade credit profiles.” Fitch said the assessment could complicate the expansion of crypto-linked credit products among institutional investors. Fitch described Bitcoin-backed securities as instruments structured
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