Moody’s Rates First Bitcoin-Backed Muni Bond in Landmark Move
Bitcoin
Moody’s assigns a Ba2 rating to a $100M Bitcoin-backed municipal bond in New Hampshire, marking a historic first for crypto in credit markets. Moody’s has officially rated a Bitcoin-backed municipal bond for the first time. The credit agency assigned a provisional Ba2 rating to a $100 million bond issuance in New Hampshire
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