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 and consumers.
The objective of the currency, known as…
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cash
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…
Bitcoin soars above $ 39,000 with revaluation of more than 10%
The value of the popular cryptocurrency, bitcoin, has risen this Thursday to a level that exceeds $ 39,000, with a revaluation of more than 10% in the session and above 30% so far in 2021, a figure that exceeds 377% the accumulated increase…
Paxful launches crypto debit card in Mexico
Mexico has a new tool for cryptocurrency transactions, following the launch in the country of the Paxful crypto debit card. The Bitcoin P2P platform made this possible after a strategic alliance with the Spanish neobank Bnext.
It was…
Christine Lagarde: Digital euro could strengthen the European payment system
Faced with a still uncertain economic recovery, the president of the European Central Bank, Christine Lagarde, is in favor of the issuance of a digital euro which, in her opinion, would strengthen the European payment system.
This was…
Coinbase has a new cash loan system
San Francisco-based cryptocurrency trading platform Coinbase has decided to create a new system that will allow customers from certain US states to borrow 30% based on their holdings within the bitcoin cash exchange.
The announcement was…
WHO: Cash does not transmit coronavirus
The World Health Organization (WHO) denied a report released by British members, which states that the UN agency had linked the coronavirus to cash.
Fadela Chaib, spokesperson for this organization, indicated through electronic media that…
25% of card payments are made digitally in Spain
In the same way the growing incursion of large distributors in the technology sector clothed the market last year, now the trend ifocuses on digital payments with credit and debit card.
According to the Payment Plus Q1 2020 report prepared…