Keeping an eye on your finances during Christmas, a season of increased spending, is increasingly important. Buying gifts, clothing, or traditional holiday foods requires taking the time to calculate costs, compare prices, and establish payment methods.
Sharing a Christmas meal with family and…
Read More...
Browsing Tag
cash
Getting a plan for Christmas banking holidays
Creating a good payment plan before Christmas Day is useful for maintaining good business and family relationships, as well as ensuring continued access to the services you usually enjoy at home or through your mobile phone.
In this…
Peru shows strong progress towards monetary digitization in the region
Recent estimates from the president of the Central Reserve Bank of Peru, Julio Velarde, indicate that the country stands out as one of the most advanced in monetary digitization, second only to Argentina and Venezuela.
According to…
Switzerland to hold a referendum in 2026 to decide the future of cash
Next year, specifically on March 8, 2026, Switzerland will hold a referendum to decide whether the country will protect cash in the face of the rise of digital payments.
The measure was announced by the Federal Council (Swiss Executive) on…
ECB recommends keeping cash as an emergency alternative
In the face of a power emergency, shopping and payments become a headache. As an alternative that provides peace of mind and security to the population, the European Central Bank (ECB) has recommended keeping some cash.
This suggestion, in…
Criminals prefer cash to cryptocurrencies for scams
A study by the Crypto ISAC platform has revealed the preference of criminals for cash for their misdeeds over cryptocurrencies.
Cash leaves no digital footprint, making it almost impossible to detect illicit transactions. Hence, it is the…
Jamaica will launch its Jam-Dex in June 2022
The Governor of the Central Bank of Jamaica, Richard Byles, announced that the digital currency, CBDC, will be available to the public between the months of June and August in order to improve the quality of life of Jamaican entrepreneurs…
Venezuela could face problems in the sale of foreign currency
Asdrúbal Oliveros, economist and director of Ecoanalítica, stressed that the relationship between the governments of Russia and Venezuela could impact the sale of foreign currency in Venezuela to contain the exchange rate because the…
US announces that its cash reserves will be depleted soon
The Secretary of the Treasury of the United States, Janet Yellen, reported that the Government will exhaust its cash reserves by October 18, for which it has urged Congress to approve the increase in the debt ceiling to avoid a possible…
USDC to consolidate capital in cash and Treasury bonds
Coinbase President and Chief Operating Officer Emilie Choi reported that the reserves that support the USD Coin (USDC) stablecoin will be fully secured in cash and US government treasury bonds.
This was established by the CENTER…
The pandemic speeds up the fall in the use of cash
About 54 % of the Spanish population prefers to pay with a debit card and 36.6 % choose to pay with bills and coins. This was demonstrated by the national survey on the use of cash in 2020, carried out by the Bank of Spain to the general…
CBV increases commissions for different banking operations
The Central Bank of Venezuela (BCV) established between 3% and 4% the commission for withdrawing funds from foreign currency in cash, which will be paid in national currency at the exchange rate of the operation, while the sale of foreign…