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 cryptocurrency ATMs of USD 1,000 a day due to the increase in scams.…
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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…
Ferrari will accept cryptocurrency payments in the US
Iconic luxury car manufacturer Ferrari announced its decision to accept cryptocurrency payments in the United States, responding to growing demand from its customers. The company's commercial and marketing director, Enrico Galliera,…
Activo Banco Universal has a new executive president
The Board of Directors of Activo Banco Universal appointed Diego Ricol as executive president of the financial institution. This appointment responds to the bank's growth and positioning strategy in the Venezuelan market.
Diego Ricol,…
Banking agencies will remain closed this Thursday, October 12
Next Thursday, October 12, banks in Venezuelan territory will not work due to the bank holiday corresponding to the Day of Indigenous Resistance.
According to the official calendar of the Superintendency of Banking Sector Institutions…
Argentine presidential candidates attacked Massa
The candidates for the Presidency of Argentina attacked this during the second electoral debate against the also candidate and current Minister of Economy, Sergio Massa, for his economic management.
The ultra-liberal Javier Milei, from…
Venezuela’s accumulated inflation reached 158.3 % in September
Inflation in Venezuela during the month of September was 8.7 %. This was announced this Friday by the country's Central Bank, adding that the accumulated inflation was 158.3 % and the interannual inflation was 317.6 %.
According to the…
Bancamiga expanded its support to the surgical area of the Domingo Luciani Hospital
Bancamiga made a donation of medical instruments to strengthen the surgical area of the Domingo Luciani Hospital in Caracas, as part of its social responsibility management committed to the well-being of all Venezuelans.
The contribution…