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, according to legislator Anton Tkachev in an interview.
The…
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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…
Petro vindicates the “essential” relationship with China after meeting with Xi Jinping
The President of China, Xi Jinping, received this Wednesday in Beijing his Colombian counterpart, Gustavo Petro, who described the relationship between both countries as "essential" after a symbolic ceremony in which a dozen cooperation…
Monday, October 30 will be a bank holiday
Next Monday, October 30, banking agencies throughout Venezuela will be closed for the holiday corresponding to the day of José Gregorio Hernández, which is commemorated on the 26th in the calendar.
The Superintendency of Banking Sector…
Bancamiga reinforces its presence in the southeast of the country
With the purpose of boosting business, banking more Venezuelans and projecting the growth of the region, Bancamiga arrives with its 41st agency in Ciudad Bolívar, Bolívar state.
Located at 17 de Diciembre Avenue, first floor of the Santa…
California could limit withdrawals at crypto ATMs to a thousand dollars a day
California cryptocurrency legislation has a new bill on its hands that could limit crypto ATM withdrawals to $1,000 a day.
The legislators' project, called Digital Financial Asset Transaction Kiosks, points to a “withdrawal from…
Venezuelan justice condemns Odebrecht to pay USD 38 million to the Caracas Metro
From the Political-Administrative Chamber of the Supreme Court of Justice (TSJ) of Venezuela, a fine was imposed on the Brazilian company Odebrecht for 38 million dollars in favor of the Caracas Metro.
SPA Ruling No. 930 10/19/23…
The Fed stated that controlling inflation “will take time”
The President of the United States Federal Reserve (Fed), Jerome Powell, warned of the risks to the economy in the event of falling short or exceeding interest rates, while warning that the path to returning inflation to the 2 % target will…
Bancamiga raises passion for Venezuelan baseball
Bancamiga, a leader in technological innovation and recognized for supporting the country's major sporting events, will launch a strategic alliance with Caracas, Zulia and La Guaira, three emblematic teams of the Liga Venezolana de Béisbol…
JP Morgan: “The world will avoid economic recession”
At an event organized by JP Morgan Asset Management, Lucía Gutiérrez-Mellado, the firm's director of strategy, announced a slowdown in economic growth. However, she stressed that recession has been avoided, and the strength of this slowdown…
The US reinforces restrictions on the sale of AI chips to China
The Bureau of Industry and Security (BIS) of the United States Department of Commerce announced the expansion of existing restrictions on the export of artificial intelligence (AI) chips to China.
The BIS has explained that these new…