The economist Luis Oliveros has indicated this Monday, after no adjustment was made to the workers' wages, that in Venezuela a new system is required to set the amount earned by the working mass in the country.
According to Oliveros, it is necessary to increase what is needed; what a person needs…
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central bank
The United Arab Emirates to issue its CBDC
A recent announcement on digital finance in the United Arab Emirates reported notable progress in launching a CBDC, as a further step towards digital payments.
The Board of Directors of the Central Bank of the UAE indicated this Sunday in…
Nigeria studies recognizing cryptocurrencies as investment capital
Nigeria has its digital currency (CBDC), called eNaira. Now, the West African country is studying a bill through which cryptocurrencies could be declared as capital for investment.
The announcement was made this Sunday, by the local…
CBV injected another $30 million into the national banking sector
The Central Bank of Venezuela carried out a new intervention in the banking sector on December 2, after injecting another $30 million.
With this new amount, placed in the national bank, they total about $95 million, after two previous…
Norway bets on the use of ethereum
The Norwegian Central Bank recently published an open source code for the ethereum network sandbox, and the implementation of a local digital currency.
The sandbox available on GitHub will enable features such as minting, burning, and…
Binance was fined for illegal operations in the Netherlands
Binance recently faced a sanction in the Netherlands for having offered local cryptocurrency services despite not having obtained authorization to carry out operations.
The Dutch Central Bank (DNB) fined the company $ 3.3 million in April…
Central Bank of Morocco works on cryptocurrency framework law
Abdellatif Jouahri, governor of the central bank of Morocco, stated that a committee is working to establish an appropriate framework law to regulate cryptocurrencies that allows combining innovation, technology and consumer protection.…
Biden will respect the autonomy of the Federal Reserve
Joe Biden, president of the United States, met Jerome Powell, president of the central bank, to discuss issues related to the economy and has promised to respect the autonomy and independence of the Federal Reserve in managing and…
The Bank of Mexico increases the interest rate to 7%
The majority of the members of the Bank of Mexico decided to increase the reference interest rate by 50 basis points to reach 7%. Four of the five leaders of the financial entity voted for the eighth consecutive increase in the face of…
China law recognizes crypto as protected property
The legal aspects related to the cryptocurrency market in China are bound to take a significant turn as a result of the ruling made by a higher court in that country that admits that Bitcoin is a property protected by law.
The decree is…
Spain mobilized 60,000 million euros in cryptocurrencies
A report from the Bank of Spain highlights that approximately 60,000 million euros was the volume of transactions executed with cryptocurrencies during 2021 in Spain, which is equivalent to about 1,275 euros per inhabitant and represents 10…
Russia introduced draft law on digital currencies
The Russian Ministry of Finance has sent a draft law for the regulation of digital currencies to the national government that aims to establish the legal bases for the cryptocurrency market and the rules for its circulation in the country.…