Felipe Harboe, constituent member and former PPD senator, believes that banks have put barriers to certain financial services that are not within the traditional system because "they seek to defend their business model, which is to be the only intermediary and they have unjustly criminalized…
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central bank
UAE prepares cryptocurrency launch
The United Arab Emirates are working on developing their own cryptocurrency, which is expected to come out between 2023 and 2026.
This launch will be thanks to the efforts of the Central Bank of the United Arab Emirates (CBUAE), which…
12 Russian banks to participate in digital ruble tests
Sberbank, VTB, Alfa Bank, Gazprombank and Tinkoff are part of the 12 banks that were selected by the Central Bank of Russia to participate in the initial tests of the future digital currency of the country, the digital ruble.
As you may…
Digital payments, the most common financial service
The adoption of electronic payments is becoming morecommon in the financial market and its growing interest is evidenced in surprising figures, as indicated by the US payment processor Stripe.
One of the main reasons is that digital…
Fed announces changes to leverage rules
The United States Federal Reserve Board (Fed) announced that the temporary change to its supplementary leverage ratio (SLR) for US banks will expire on March 31st, as scheduled.
In a statement, the Central Bank rejected extending the rule,…