The Central Bank of Brazil announced the suspension of international transfers using USDT and USDC, affecting the operation of platforms that offer this service.

International payments, remittances, and cross-border payments will be affected by the closure of “a key channel used by fintechs and individual users.

The suspension represents a radical change in the landscape of digital money flows in the region, “in a context where the volume traded with these digital assets represented a substantial part of the local market.” In this sense, fintech companies that used the blockchain network to reduce costs and accelerate these operations now face a scenario of strict compliance.

According to analysts, the decision increases state control over digital operations, in addition to deepening the tension between state regulations and the adoption of decentralized financial tools.

On the one hand, the Central Bank of Brazil (BCB) seeks to protect the real, the local currency, against the rise of digital currencies, and on the other, market players are assessing the impact on competitiveness and innovation in the Brazilian crypto ecosystem.

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La entrada Brazil blocks use of USDT and USDC for international transfers apareció primero en Bitfinance.

According to the official calendar of the Superintendency of Banking Sector Institutions (Sudeban), bank branches will be closed in Venezuela on Monday, September 14th, in commemoration of the Day of Our Lady of Coromoto.

However, all digital channels and ATMs will be operational for different types of transactions. Customers will be able to make transfers, mobile payments, pay or top up bills online, check balances, and deposit funds to other accounts.

Telephone customer service is another option available to national bank users for checking balances and requesting assistance from qualified personnel, among other things.

Sudeban encourages citizens to use online banking during bank holidays from the comfort of their homes, through the channels established by each bank, easily and securely.

Detailed information about upcoming bank holidays can be found on the Sudeban website so that users of the national banking system can make the necessary arrangements.

M.Pino

With information from Sudeban, national media, and social networks

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La entrada Bank branches will be closed on Monday, September 14th. apareció primero en Bitfinance.

The Binance crypto platform has begun the gradual rollout of its Binance Card in Venezuela, offering a new payment tool for direct transactions at both physical and online stores.

It was learned that the activation of this new service will be notified to eligible customers as its availability expands across the country. The launch coincides with the “sustained rise of stablecoins in the Venezuelan economy, with USDT leading the way. Driven by inflation, restrictions on access to foreign currency, and the limitations of the traditional banking system, citizens and businesses have massively adopted these assets as a mechanism for income protection, a channel for remittances, and a means for commercial transactions.”

Unlike the previous payment model, where users had to convert their funds to bolivars through P2P (peer-to-peer) platforms before making a payment, Binance Card simplifies the process by “automatically converting cryptocurrencies to local currency at the exact moment of the point of sale, allowing direct transactions at any merchant connected to the associated payment network.”

🔗🇻🇪Binance en Venezuela: esta es la cantidad de tarjetas que han asignado .- https://t.co/vQpKtvfUD0#9AGO

— VENEZUELA INFORMA HOY (@VENEINFORMAHOY) August 9, 2026

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La entrada Binance starts rollout of payment card in Venezuela apareció primero en Bitfinance.

The Superintendency of Banking Sector Institutions of Venezuela (Sudeban) announced that on Monday, May 18th, public and private sector bank branches will be closed due to the Ascension Day bank holiday.

The public is advised to take precautions, as with all national and bank holidays throughout the year, and to use the available channels for their transactions:

• Online Banking: Each bank has its website active 24 hours a day, every day of the year, offering bank customers options to check their balance, pay for services linked to their accounts, and make transfers within the same bank and to third parties.
• Mobile Payment: This is one of the most common, fastest, and most secure payment options available to users of the national banking system today. The funds are credited immediately at businesses or to third parties. It can be done from the app installed on mobile phones or from a desktop computer.
• Scheduled transactions: It is important to remember that scheduled payments in advance ensure transactions, avoiding delays, considering that, due to the holiday, the funds are credited on the next business day. Planning ahead helps avoid service interruptions and other inconveniences or penalties.
• ATMs: Along with point-of-sale terminals, ATMs are the preferred option for everyday transactions such as card payments and cash withdrawals.

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With information from national media and social networks

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La entrada Monday, May 18th will be a bank holiday apareció primero en Bitfinance.

Current payment systems are almost entirely digitized. The use of paper money is declining worldwide, as is the use of paper checks. But this payment method remains valid.

Among the reasons justifying the current use of paper checks is the simple fact that the recipient may not be registered with digital banking. In that case, payment would be made in cash or with a paper check that can be cashed at a bank branch.

On the other hand, some accounting systems require physical proof of transactions for budgetary purposes, although this requirement is becoming less frequent.

The reasons justifying the elimination of paper checks before online systems include faster transactions, greater transparency, enhanced security and privacy, and reduced administrative costs.

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With information from specialized financial media

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La entrada Paper check payments are not yet disappearing apareció primero en Bitfinance.

The director of the Financial System Supervisory Authority (ASFI) of Bolivia, Ivette Espinoza, announced last week the entry into force of regulations for financial technology platforms and those linked to digital assets.

The regulations, approved by ASFI, were implemented on Tuesday, July 8, representing “an important moment in the modernization of the Bolivian financial system.”

The regulations outline the requirements and procedures for the “establishment and operation of so-called Financial Technology Companies (FTCs), including those operating in cryptocurrency, digital payments, remittances, and electronic loans.”

According to Espinoza, Resolution 540/2025 gives effect to the Supreme Decree enacted last May, which introduces concepts such as tokenized assets and blockchain technology, previously absent from Bolivian financial legislation.

The objective of this measure is to consolidate “a modern, inclusive, and regulated financial ecosystem that allows both public and private providers to enter the technological field with legal certainty.” The regulations apply to companies incorporated in the South American nation, as well as to foreign companies operating through partnerships with local entities.

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La entrada Bolivia implements regulations on financial technology platforms and virtual assets apareció primero en Bitfinance.

Digital payments have increased considerably in Colombia. It is estimated that a high percentage of SMEs already have this system and have seen benefits in their administrative processes and the simplification of accounting.

Business owners base their activities on the digital payment system. SMEs that have not integrated them are often forced to reject transactions, which is not good for business.

According to the study “Panorama of the Adoption of Digital Payments in Latin America and the Caribbean,” led by MasterCard, SMEs represent the core of commerce in Colombia, and digital payments are a fundamental pillar of their development.

Data from this document reveals that in Colombia, “90 % of SMEs that accept digital payments report experiencing significant business growth, while 94 % highlight that it has saved them time and money.”

Currently, MasterCard is supporting more than 80,000 SMEs in their digital transformation process. They are a technological and operational ally.

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La entrada Digital payments are a fundamental pillar for SMEs in Colombia apareció primero en Bitfinance.

Debit and credit card payments are a daily routine in global commerce. Technology facilitates the process and provides convenience to customers.

However, it is important to remain vigilant when using points of sale to avoid falling victim to illicit activities such as double charges, charges that do not correspond to the price of the item or good purchased, among others.

The invoice or receipt issued by POS terminals in stores, restaurants, and supermarkets should serve as proof of correct payment. Hence, it is important to request this receipt when making a payment, as it is the consumer’s right and is established by law, since this receipt reflects all the transaction details.

Paying close attention to the device screen at the time of payment to verify that the amount is correct is the main recommendation in digital commerce. This way, the person paying an amount can ensure they won’t be overcharged.

Many banks maintain a policy of sending an SMS to customers when using their card over specific amounts, which allows for detailed monitoring of spending.

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La entrada Security when making digital payments apareció primero en Bitfinance.

The next Monday, March 3 and Tuesday, March 4 are bank holidays for the Carnival holiday, according to the official calendar of the Superintendency of Banking Sector Institutions (Sudeban).

In this sense, Sudeban urges national banking clients to take precautions in view of the fact that physical branches will remain closed both days next week.

The digital channels of each bank and the ATMs, particularly those located in shopping centers, will be available to the public for the different types of transactions.

It is important to take into account some recommendations for this holiday, such as making cash withdrawals and payments in advance, and thus avoid setbacks and delays during these non-working days for the country’s bank branches.

Through the Sudeban website, you can obtain detailed information about the upcoming bank holidays in order to make provisions according to the convenience of the users of the national banking system.

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With information from Sideban, national media and social networks

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La entrada Bank branches will remain closed on March 3 and 4 for Carnival apareció primero en Bitfinance.

Bank agencies in Venezuela will remain closed tomorrow, Monday, November 4, for the bank holiday corresponding to All Saints’ Day, according to the holiday calendar of the Superintendency of Banking Sector Institutions (Sudeban).

Clients of the national banking system will be able to use all digital channels and ATMs for different types of transactions. They will be able to make their transfers, mobile payments, payments or recharges of services through the Internet. Another alternative this day will be ATMs that also allow cash withdrawals and deposits.

Customer service via telephone is also another option available to national banking users to make balance inquiries and request assistance from qualified personnel, among others.

Sudeban invites citizens to use online banking during bank holidays from the comfort of their home, through the channels established by each banking entity, in an easy and safe manner.

Through the Sudeban website, detailed information can be obtained about upcoming bank holidays in order to make arrangements according to the convenience of users of the national banking system.

M.Pino

With information from national media

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La entrada Bank branches will remain closed this Monday, November 4 apareció primero en Bitfinance.