Transforming euro banknotes into digital format is not a new idea. However, there are currently compelling reasons that are leading the European Central Bank (ECB) to accelerate the process toward a solution that safeguards the region's economic sovereignty.
Two of the most notable reasons for…
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South Korea to have cryptocurrency regulatory framework ready in October
South Korea's bill for the creation of a stablecoin backed by the won, the country's currency, could be ready in October.
According to local media outlet MoneyToday on Monday, August 18, "the Financial Services Commission (FSC) will unveil…
Brazil leads crypto regulation in Latin America
The cryptocurrency exchange CryptoMKT has highlighted the work of the Central Bank of Brazil in crypto regulation, making the country a leader in Latin America.
According to the platform, the South American country follows international…
The United States signs a Safe Third Country agreement with Paraguay
Paraguay has become the first country in Latin America to sign a Safe Third Country agreement with the United States, meaning that Paraguayans currently on US soil will be able to apply for protection from their country of origin.
This was…
Venezuela suspends drone use in the country for security reasons
The President of Venezuela, Nicolás Maduro, ordered the suspension of drone flights and sales throughout the country for 30 days, with the possibility of extending the measure, as reflected in Extraordinary Official Gazette No. 6,927.…
Venezuela proposes a reform to the legal regulation of inland fishing
Venezuelan Fisheries Minister Juan Carlos Loyo announced on Thursday, August 14, that reforms to the legal regulation of inland fishing in rivers, lakes, and reservoirs will begin within 15 days.
He emphasized that the objective of this…
Rodrigo Paz wins first round of presidential elections in Bolivia
This Sunday, Bolivians went to the polls to elect a new president. Senator and candidate Rodrigo Paz won the first round and will face Jorge Quiroga on October 19 in the second round of the presidential elections.
The results of the…
Saime will conduct walk-in ID card renewals this Saturday, August 16
This Saturday, August 16, Venezuelan citizens will be able to visit any of the Administrative Service of Identification, Migration, and Immigration (Saime) offices to renew their ID card without an appointment.
…
Trump extends China tariffs deadline by 90 days
The application of Donald Trump's tariffs on China was extended for another 90 days after the President of the United States signed the corresponding executive order on Monday, August 11.
Trump's decision follows the last round of talks…
Indonesian government considers creating a national Bitcoin reserve
Last week, the Bitcoin Indonesia group held a meeting with the country's vice-presidential office to discuss the proposal for a Bitcoin reserve to help strengthen the economy.
The strategic reserve in the market's leading cryptocurrency is…
Venezuela renews economic state of emergency decree
Last Friday, August 8, Venezuelan Executive Vice President Delcy Rodríguez announced the 60-day extension of the Economic State of Emergency decree, signed in April by President Nicolás Maduro.
The official stated that the extension is in…
Colombia and China sign economic and technical cooperation agreement
On Tuesday, August 5, the Ambassador of the People's Republic of China, Zhu Jingyang, and the Foreign Minister of Colombia, Yolanda Villavicencio, signed a new economic cooperation agreement.
The authorities of both nations are committed…