The Bank of France and the Monetary Authority of Singapore (MAS) are jointly testing digital currencies issued by central banks, according to a joint statement.
Both institutions ensured that the cross-border settlement and payment experiment carried out with a cbdc was successfully completed.…
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Korea wants to institutionalize cryptocurrencies
The South Korean Democratic Party recently organized a crypto task force with the aim of "institutionalizing" cryptocurrencies with innovative legislation. The intention is to soften the attitude of the regulator and propose progressive…
NFT sales exceed $ 2.5 billion
During the first half of 2021, sales of non-fungible tokens (NFT) were at historical values compared to what was achieved in 2020.
Specifically, the profits from the trading of these types of tokens generated 2.5 billion dollars during…
Iran prepares to regulate cryptocurrency mining
The legislators of the Iranian parliament presented a bill that will allow crypto mining in their territory with well-established rules and a preponderant role of the Central Bank.
The project aims to "support cryptocurrency mining and…
12 Russian banks to participate in digital ruble tests
Sberbank, VTB, Alfa Bank, Gazprombank and Tinkoff are part of the 12 banks that were selected by the Central Bank of Russia to participate in the initial tests of the future digital currency of the country, the digital ruble.
As you may…
German automotive industry towards technological transformation
The German Transport Minister Andreas Scheuer, from the Bavarian Christian Social Union (CSU), met with executives from the automobile sector in the so-called "automobile summits", but also had direct telephone communications or meetings…
Bank of Mexico increases interest rates to 4.25 %
Most of the members of the Governing Board of Bank of Mexico(Banxico) resolved to increase interest rates by 25 basis points, to stand at 4.25 %.
With this decision, the financial entity aspires to slow down inflation, which stood at 6.02…
Criminals focus their efforts on Amazon Prime Day
Cybercriminals targeted Amazon Prime Day discount period customers with an increase in malicious activity leading to 80 % of domains containing the word 'Amazon' potentially dangerous.
In the run-up to Amazon Prime Day 2021, cybercriminals…
Nefilim, the ransomware that attacks the richest companies
Ransomware attacks are one of the most damaging threats to organizations, both in operational, economic and reputational terms. In recent years their strategies have evolved to obtain greater benefits, as is the case with Nefilim, one of…
Germany increases investment in social spending
State social spending increased by 80% in Germany. General spending on various social benefits in 2005 was about 7,500 million euros (8,890 million dollars). Ten years later it was 12,100 million and in 2019 it was 13,500 million euros,…
Bolsonaro’s government is being investigated
The Court of Accounts of Brazil (TCU) will open an investigation against the Government of the president Jair Bolsonaro for the blockade of 5,000 million reais (approximately 900 million dollars) foreseen in the 2021 budgets for the…
Inflation in Argentina continues to slow down
Inflation in Argentina in May advanced by 3.3 % compared to April, slowing down by 0.8 points compared to April and standing at 21.5 % so far this year, according to data released this Wednesday by the National Institute of Statistics and…