The European Blockchain Convention will take place on October 16 and 17 at FIRA in Barcelona, ​​Spain. It will be the meeting place for specialists on the subject, who will discuss related topics such as cryptocurrencies, fintech, and other areas where this technology is currently being applied in more than 10,000 personalized meetings.

The conference is a unique event, aimed not only at “developers, founders, and investors who are truly shaping the cryptocurrency industry,” but is also open to all enthusiasts looking to invest and network.

Leading regulatory spokespersons will be present, as well as experts from TradFi, DeFi developers, VCs, and institutional giants.

This is the 11th edition of the EBC, held in English, and is expected to attract over 6,000 visitors and over 300 speakers over two days packed with top-level information, networking, and unforgettable experiences.

M.Pino

Source: eblockchainconvention

(Reference image: Morthy Jameson on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Everything is ready for the European Blockchain Convention 2025 apareció primero en Bitfinance.

The capital of Uruguay, Montevideo, will host the Blockchain Summit Global 2025 this Friday, July 25, a highly important event in the digital finance sector, where more than 20,000 people are expected to attend.

The city “will become the most important meeting point for the Spanish-speaking Web3 community,” hosting this new edition of the event at the Radisson Hotel, “which has brought together leaders of the digital ecosystem since 2018 to discuss the future of blockchain, digital assets, artificial intelligence, and more.”

It will be held in a hybrid format; that is, with in-person participation and live-streaming for audiences connected from around the world. “In previous years, the Summit attracted more than 20,000 registered attendees, with more than 4,000 virtual attendees and 400 in-person attendees per edition.”

The Blockchain Summit Global 2025 will be a space to learn about the most relevant aspects of the technological world in this area: “blockchain, Web3, digital assets, NFTs, tokenization, DeFi, AI, cybersecurity, fintech, and IoT.” International and regulatory experts will participate, as well as entrepreneurs and leading figures in the sector.

The agenda includes keynote addresses, workshops, panel discussions, live Q&A sessions, as well as high-level networking with companies, startups, and public organizations.

M.Pino

Source: cripto247

(Reference image source: Morthy Jameson on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Montevideo to host Blockchain Summit Global 2025 apareció primero en Bitfinance.

The Ibero-American Fintech Alliance elected new authorities for the Board of Directors, in a renewal of its commitment to financial inclusion in the region.

The election of the new president was held at the beginning of this month, with the conviction that the new leaders will continue to strengthen the positioning of Latin America as a strong fintech market.

The Ibero-American Fintech Alliance is made up of 15 chambers from the countries in the area, which, in turn, are present through 2,600 fintech companies.

The new board was made up of Roberto Vargas, President (President of the Peru Fintech Association); in the vice presidency Rodolfo Grela, Secretary of the Uruguayan Chamber of Fintech; as treasurer Diego Pérez, President of the Brazilian Fintech Association.

Diego García, President of the Paraguayan Fintech Chamber, was assigned to the position of secretary, and Erick Chacón, President of the El Salvador Fintech Association, and Ernesto Calero, Executive Director of the Mexico Fintech Association, were assigned to the Ethics Committee.

According to the outgoing president of the Association, Mario López, Latin America has high potential in the fintech sector, which has generated thousands of jobs and affirmed the adoption of new technologies in the area of ​​finance. According to López, “25 % of fintech companies created were born in the region.”

The new president, Roberto Vargas, declared: “Peru receives with great responsibility the task of leading with Uruguay, Brazil and Paraguay the evolution of Fintech Ibero-America. The work of the board will be aimed at being an eligible partner for any stakeholder to promote the financial technology industry and financial inclusion through institutional development, increasing the level of business in Latin America and the generation of income and knowledge.”

M.Pino

Source: cointelegraph

(Reference image source: Unsplash+, in cooperation with Getty Images)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Fintech Alliance of Ibero-America renewed its authorities apareció primero en Bitfinance.

Brazil’s digital currency (CBDC) will be launched in 2024. The country’s Central Bank has indicated that its launch is scheduled to boost financial services.

The DREX CBDC will be based on “distributed ledger technology (DLT) to settle wholesale interbank transactions, while retail access will be based on tokenized bank deposits.”

The BCB authorities had already anticipated that once the tests were completed, the coin would be launched on the market at the end of 2024. Fabio Araujo, coordinator of the initiative at the bank, pointed out that the purpose of DREX is to improve citizen access to financial services.

 “By enabling easy and reliable access to registered securities through DLT technology, we reduce costs and democratize access to financial services,” he emphasized.

Likewise, the BDV executive “highlighted that Brazilians already make numerous digital payments through the Pix instant payment platform, launched at the end of 2021 and which has been well received.”

DREX design refers to the strength of digital real

Regarding the choice and design of the name, DREX, it is known that it is an acronym formed by the letters “D” and “r”, both referring to the Real Digital which is the national currency, combined with the “e”, which means electronic in addition to the “x”, which “conveys the idea of ​​modernity and connection, the use of distributed ledger technology (DLT)”, according to the digital medium Tekios.

The logo shows the capital D, which transmits “the evolution of the national fiat currency, the real, to its digital version.” Inside, it has two arrow-shaped triangles in blue and green, where the transition “represents the transaction completed message.”

M.Pine

With information from national and international media, news agencies and social networks

(Reference image source: engin akyurt, Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Brazil will launch its digital currency DREX in 2024 apareció primero en Bitfinance.

France is on the verge of implementing a new law that will require all cryptocurrency-related businesses to obtain a license to operate in the country. The law, which has been the subject of intense debate, is considered one of the strictest in Europe in terms of regulating cryptocurrencies.

The new law will establish a series of requirements, including regular financial reporting, the implementation of advanced cybersecurity measures, and the obligation to comply with KYC (know your customer) and AML (anti-money laundering) standards.

The new law is expected to have a major impact on the French crypto market, as many companies could be forced to close if they do not comply with the established requirements.

Although some have criticized the law as being too strict, others have praised the move for improving the security and transparency of the crypto market.

The new law is expected to be approved in the coming months and take effect later this year. It will be interesting to see how this measure affects the crypto industry in France and if other European countries will follow suit.

K. Tovar

Source: Cointelegraph

(Reference image source: file)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada France to pass strict crypto companies licensing laws apareció primero en Bitfinance.

Regulation of the fintech market is a priority for Latin America. Mexico and Brazil stand out as pioneers in this area.

Both nations, one in the north and the other in the south of the continent, are advancing in terms of fintech regulation to offer companies and individuals transparency and security.

In the case of Brazil, the Central Bank is in charge of creating the regulatory framework for fintech companies, with the support of new technologies. The country has evolved rapidly with the implementation of a startup registry, monitoring of the activities of registered companies, and strong consumer security measures.

Mexico, for its part, has the National Banking and Securities Commission (CNBV), in charge of establishing the rules that govern the fintech sector, similar to those developed by Brazil and that allow them to promote the growth of these companies, with the consequent increase of investors and users.

The growth in both countries in terms of digital finance has been notorious since 2019. Beyond the weaknesses in the regulatory framework, reported in various surveys by users, Mexico and Brazil lead the list of pioneering countries in Latin America in fintech regulation.

M.Pino

Source: tynmagazine.com

(Reference image source: Scott Graham, Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Brazil and Mexico lead the regulation of the fintech sector in Latin America apareció primero en Bitfinance.

The new Fintech Law in Chile is expected to come into force on February 3 to achieve strict regulation of the capital market.

According to local media, as the date of application of the Fintech Law in Chile approaches, expectations are increasing in companies linked to the digital payment sector.

In any case, it has been hinted that flexible regulations will be established for companies “that offer financial services that today are not regulated or supervised by the Commission for the Financial Market (CMF)”, such as “collective financing platforms, systems of transaction alternatives, investment advice, credit advice, custody of financial instruments, routing of orders, and intermediation of financial instruments”.

Among the novelties that the Fintech Law will introduce are the adoption of new technologies; modification in the regulations of the banking, securities and insurance sector; the creation of the Open Finance System; innovation in competition and security.

It is important to highlight that in the development of this law, Chile has had the support of international organizations such as the Inter-American Development Bank, the International Monetary Fund and the World Bank.

M.Pine

Source: america-retail.com

(Reference image source: dpa / Revolut, Europa Press)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Chile: Fintech Law enters into force on February 3 apareció primero en Bitfinance.

Twitter is the distribution channel of a new spam campaign that seeks to steal cryptocurrencies from users of this social network, with whom cybercriminals contact through a direct message asking for urgent help.

The new campaign detected on the social network contacts users through direct messages, urgently requesting their help to withdraw thousands of dollars from a cryptocurrency account in exchange for financial compensation.

The message specifies a domain, your password and username, and the amount of cryptocurrency you have in your wallet. Upon entering it, the victim accesses a supposed cryptocurrency investment platform and after entering the credentials, enters the account of the same, in which the detailed amount is found.

To withdraw the cryptocurrencies, the victim is asked to provide her wallet address and an additional password that she does not have. It is then that the platform offers you a way to directly transfer the funds within the system by creating a VIP-type account for which you have to pay a small sum of money.

The security expert of this company Andrey Kovtun also points out that “this crypto scam is far from the only one.” Cryptocurrencies generate interest both among users, who are increasingly opening wallets, and among fraudsters, and “blockchain allows cybercriminals to steal funds from victims without leaving a trace, which makes things worse.”

K.Tovar

Source: Kaspersky

(Reference image source: file)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Twitter is used as a channel for malicious campaign apareció primero en Bitfinance.

Mastercard announced that it is expanding its practice consulting sector dedicated to the use of cryptocurrencies, with the aim of continuing to develop within the industry.

In the announcement, the president of data and services Raj Seshadri assured that the institution seeks to provide clients with all the necessary information regarding the constant changes within the world of finance.

“Over the last 20 years, we have worked with our clients across banking, fintech, retail, travel and beyond, helping them understand and navigate every challenge and opportunity that comes their way”, Seshadri pointed out.

Mastercard’s goal has always been to be able to guide banks and merchants who are interested in venturing into the world of cryptocurrencies, and who need some kind of help to do so.

The global financial institution is also focusing on helping central banks explore the creation of central bank digital currencies (CBDCs). According to Mastercard, its testing platform allows central banks to conduct research, testing, and consultation with experts in payment systems, regulation, and governance before launching their coins.

K. Tovar

Source: Cointelegraph

La entrada Mastercard expands its inquiries on cryptocurrencies apareció primero en Bitfinance.

Recently, Tesla CEO Elon Musk spoke again about the cryptocurrency dogecoin, but this time negatively which generated a drop of a third of its value

Musk assured in a television program that the digital asset was “a kind of deception” which caused it to trade at 41.6 cents this Monday, thus losing 36 % of its total value.

Cryptocurrency enthusiasts were eagerly awaiting Musk’s participation in the television show, to find out what he would say, after his posts on the Twitter network this year turned dogecoin from a very little-known crypto, little more than a joke, to be a speculators dream.

Against all expectations, when the host of the show asked the CEO of Tesla about cryptocurrency, he replied that “it is the future of the currency. It is an unstoppable financial vehicle that will take over the world.”

K. Tovar

Source: infobae

La entrada Dogecoin loses value after Elon Musk new comments apareció primero en Bitfinance.