The speech by the director of the International Monetary Fund, Kristalina Georgieva, during the inauguration of the FinTech Festival in Singapore, was an exhortation to public institutions to prepare for the implementation of CBDCs as an instrument of financial inclusion.
The European official was…
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YouTube published new rules regarding AI
In a recent update, video streaming platform YouTube released new community guidelines for the disclosure of content generated by artificial intelligence (AI). Starting November 14, creators will be required to inform viewers when they…
Eurogroup warns of loss of economic momentum in the Eurozone
The ministers of Economy and Finance of the Eurozone, the Eurogroup, confirmed this Wednesday the loss of momentum of the eurozone economy, although they stressed that it continues to "resist" and that "there are no reasons to foresee a…
Joselyn Brea and Bancamiga shone in the Nike 10K
Under intense applause and repeated shouts of ¡Brea! …Brea!, the Bancamiga once again reaffirmed its connection with sport and Venezuelan societyand Bancamiga figure, Joselyn Brea, rose to the top of the podium this Sunday after easily…
Banco do Brasil reported profits of USD 5.3 billion until September
Banco do Brasil, the country's second-largest financial institution, achieved profits of USD 5.3 billion in September, which represents 14 % more than the same period in 2022.
According to the data presented in the quarterly report, the…
Venezuelan PDVSA seeks to reactivate 27,966 oil wells in the state of Zulia
Among the production objectives of the Venezuelan oil company PDVSA are plans to “restart drilling after five years of inactivity, even before the relaxation of sanctions,” as leaked by Reuters.
In this sense, the president of the oil…
US tightens sanctions on Iran oil
US legislators approved this Friday a bill to toughen economic sanctions on Iranian oil, with 342 votes in favor and 69 against.
The House of Representatives approved the measure that seeks to “punish international refineries and ports…
Banks will remain closed on Monday, November 6
Banking agencies throughout the Venezuelan territory will remain closed next Monday, November 6, due to All Saints' Day, celebrated on the calendar on November 1.
The official calendar of the Superintendency of Banking Sector Institutions…
Bancamiga arrives in Guárico with its agency number 42
With the purpose of boosting business, banking more Venezuelans and projecting the growth of the region, Bancamiga arrived with its 42nd agency in Valle de la Pascua, in the state of Guárico.
Located on Rómulo Gallegos Avenue, in location…
Russia authorizes tracking of cryptocurrency operations
The Russian government has authorized local banks to track transactions that their clients make with cryptocurrencies.
Through a pilot plan, the government seeks to establish a regulatory framework for such operations within the territory,…
Bank of Japan relaxes bond yield margin to 1 %
The Policy Council of the Bank of Japan (BoJ) decided this Tuesday to maintain its ultra-loose monetary stance, with the reference interest rate at -0.1 %, although it has announced that it will increase flexibility in controlling the yield…
Elon Musk wants to turn his social network into a financial center
Elon Musk, at the head of social network X, wants to realize an idea that is not new: to create a financial super-application that allows users to make multiple transactions online. Which could mean the end of banks.
Apparently, the tycoon…