Reserve, the digital wallet, issued a statement announcing the indefinite suspension of deposits and withdrawals in national currencies for several Latin American countries, including Venezuela, Argentina, Colombia, Peru, Ecuador and Panama.
The measure, according to the platform, will take effect…
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cryptocurrencies
Belarus seeks to ban cryptocurrency exchange
The Belarusian Ministry of Foreign Affairs is currently in the process of reviewing legislation to ban peer-to-peer (P2P) transactions of cryptocurrencies such as Bitcoin (BTC).
On July 2, the ministry issued an official statement on…
Israel seized millions of dollars in cryptoassets linked to Iran and Hezbollah
The Government of Israel has confirmed the seizure of a series of cryptoassets linked to the Quds Force of the Iranian Revolutionary Guard and the Lebanese Shiite militia party Hezbollah worth several million dollars, in the first operation…
Blockchain technology solves real-world problems in Africa
Blockchain technology is solving real-world challenges in Africa, such as hyperinflation and corruption, in contrast to many Western investors who see crypto as an opportunity to speculate on the next big trend.
Chris Maurice, founder and…
Petro recovery: Users report transactions after Sunacrip intervention
Petro users report that they can carry out transactions after the intervention of Sunacrip. The PetroApp is restoring its functions, as is the Patria System. However, there are discrepancies in the funds of some wallets.
Sunacrip faces…
Belgium ordered the immediate cessation of Binance’s activities in the country
The FSMA, Financial Services and Markets Authority, found that "Binance is offering and providing currency exchange services between virtual and legal tender currencies, as well as electronic wallet, in Belgium from countries that are not…
The EU agrees on the reform of banking regulation
The European Union reached an interim agreement on banking regulatory reform to increase the resilience of banks operating in the Union and strengthen their supervision and risk management by finalizing the implementation of globally agreed…
The IMF highlighted the advances in digital adoption in Latin America
The most recent report published on the International Monetary Fund (IMF) portal highlights the advances in digital adoption in Latin America and emphasizes the need to improve the regulation of cryptocurrencies.
The IMF recognizes the…
Colombia prepares to regulate cryptocurrencies
Colombia is getting ready to present again, on July 20, a bill with the purpose of establishing a regulatory framework for cryptocurrencies in the country.
Despite the fact that the project did not achieve approval in Congress after three…
Bitcoin joins the digital real pilot program backed by the Central Bank of Brazil
The Central Bank of Brazil (BCB), the entity in charge of formulating monetary policies in the South American country, this week authorized the participation of Mercado Bitcoin, the exchange with the highest volume of operations at the…
French expert assures that the Digital Euro is a necessity
François Villeroy de Galhau, Governor of the Banque de France, told commercial bankers that the digital euro presents benefits for all concerned. During the World Conference of Official Institutions organized by the French multinational…
IMF urges crypto regulation but warns against outright ban
The International Monetary Fund (IMF) reiterated its call for the regulation of cryptocurrencies in certain countries, but stressed that an outright ban may not be the best strategy.
In a June 22 report on Latin America and the Caribbean,…