Google is preparing to launch, possibly by 2027, a tool called Google Multi-Party Compute that will allow banks to offer cryptocurrency custody and transfer without centralizing a complete private key in a single location.
Presented in New York this week, the tool is aimed at banks and other…
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ECB launches platform for the use of digital euro
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…
Mexican banks and fintechs are the main users of cloud financial services
Mexico is one of the countries where the use of cloud financial services predominates in the banking and fintech sectors. Other sectors, such as cooperatives, remain behind, but adoption continues to rise according to data from the National…
Ripple wants to expand its action to the custody of funds
In a sign of openness towards new horizons, Ripple enters the asset custody service for financial institutions.
The crypto platform wants to move towards a broader and more comprehensive offer to safely store its clients' digital assets.…
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…
Price of the BCV dollar this Thursday, March 14
The price of the official dollar in Venezuela is located this Thursday, March 14, at 36.27 bolivars, according to the publication of the Central Bank.
At the close of operations at the exchange desks of the participating banks, the BCV…
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,…
Honduras prohibits banks from operating with cryptocurrencies
The regulatory authorities of Honduras prohibited, through a resolution, the operations, investments and possession of cryptocurrencies by the country's banks and financial entities.
According to the National Banking and Securities…
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…
ESET: Malicious loan apps for Android multiplied in 2023
“It is important to note that each instance of a SpyLoan application, regardless of its origin, behaves identically. If users download an app they will experience the same features and face the same risks, regardless of where they got the…
This December 11 the Venezuelan bank will not work
In compliance with the official schedule of the Superintendency of Banking Institutions (Sudeban), next Monday, December 11, 2023, the national banking sector will suspend its operations in celebration of the "Day of the Immaculate…
Big US banks paid $500 million in conspiracy lawsuit
In a high-impact legal twist, renowned financial institutions Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS have agreed to jointly pay out a colossal sum of approximately $500 million, under a settlement aimed at ending a lawsuit…