According to the consulting firm Ecoanalítica, as payments with cash dollars grow in Venezuela, the use of the payment channels provided by the banking infrastructure also falls.
When evaluating the number of operations of each of the banking payment channels, it is observed that the points of sale…
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Brexit hits European companies in the UK
The departure of the United Kingdom from the European Union (EU), the so-called Brexit, is markedly hindering the jobs of German companies in the construction and maintenance sector in that country due to the procedures and visas now…
Tourism contribution to world GDP falls by half
The World Travel and Tourism Council (WTTC) revealed through a report the figures released of the contribution that the tourism sector offers to the world Gross Domestic Product (GDP) showing a fall of 49.1 % in 2020, the half of the…
President of Argentina asks for more time to pay the debt
The president of Argentina, Alberto Fernández, asked the International Monetary Fund (IMF) for an extension of the term to pay the debt after agreeing with the vice president, Cristina Fernández, that currently the debt is "unpayable ".…
Microsoft protects 92 % of vulnerable Exchange servers
Microsoft continues to work on solving the vulnerabilities that have recently affected the operating system for Microsoft Exchange Server servers. The company has ensured that 92 % of the vulnerable IP addresses have already been updated,…
Acer should have to pay $50 million after suffering a cyberattack
In recent times, there have been numerous attacks that have occurred on the network and this time it was the turn of the computer company Acer, which suffered a ransomware cyberattack, the same virus that affected SEPE systems approximately…
Brazil becomes first Latin American country to launch bitcoin fund
This week, Brazil became the first country in Latin America to launch its own Exchange-Trade Funds (ETF) through the Brazilian Securities and Exchange Commission (CVM).
The exchange-traded fund was called "Hashdex Nasdaq Crypto Index ETF",…
Coinbase receives $ 6.5 million fine from CFTC
This March 19, the United States Commodity Futures Trading Commission (CFTC) has issued a fine against Coinbase where it orders the exchange to pay 6.5 million dollars, as the commission expressed in a press release.
The move is due to the…
Fed announces changes to leverage rules
The United States Federal Reserve Board (Fed) announced that the temporary change to its supplementary leverage ratio (SLR) for US banks will expire on March 31st, as scheduled.
In a statement, the Central Bank rejected extending the rule,…
Morgan Stanley, the first bank to offer access to bitcoin
The US financial multinational, Morgan Stanley, becomes the first US lender to offer its client portfolio the option of accessing bitcoin funds, as the CNBC announced on Wednesday.
The decision was made after clients asked the bank for…
Peru’s economy contracted again
Peru's national production registered a 0.98 % contraction during the month of January, after the positive variation of 0.51 % recorded in December 2020, according to data published by the National Institute of Statistics and Informatics…
India to propose anti-crypto law
India will propose a law that prohibits the transit of cryptocurrencies in the financial market of the Asian country, sanctioning the possession, issuance, mining, trade and transfer of crypto assets, while building a legal framework for an…