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banks

The European Central Bank unveiled its new platform for payments using the digital euro. Around 70 entities are participating in the initiative, including banks, fintechs, startups, and payment service providers. The ECB had been working on this project with the aim of "assessing its feasibility…
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Price of the BCV dollar this Wednesday, June 26

The exchange rate for the official dollar in Venezuela this Wednesday, June 26, closes at 36.38 bolivars, according to the publication of the Central Bank. The regulatory entity establishes the amount that governs the entire territory on a…

Venezuela’s credit portfolio continues to grow

In January 2024, the credit portfolio of Venezuelan banks experienced a slowdown in its growth. However, it maintained a significant upward trend, with expansions of 3.5 % compared to December and an impressive 215.5 % year-on-year,…

EU to demand that transfers in Europe be immediate

The European Chamber gave the green light to new regulations that will revolutionize the financial sector in the European Union (EU). These measures, adopted by a strong vote of 599 in favor, 7 against and 35 abstentions, will force banks…