Two new solutions that will facilitate payments for Bolivian citizens were authorized by the country's Central Bank: the use of digital wallets for electronic payments and the issuance of virtual electronic cards.
According to an official statement from the Central Bank of Bolivia, the initiative…
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Digital Wallets
Cryptocurrency remittances in El Salvador have fallen by 33 %
The Central Reserve Bank (BCR) reports that El Salvador experienced a 33 % decrease in the receipt of remittances through cryptocurrency wallets from January to October 2023 compared to the same period of the previous year.
During the…
CoinEx guarantees 100 % compensation after the latest hack
Cyvers Alerts revealed a disturbing incident at CoinEx Exchange. In this event, valuable crypto assets, such as ETH, TRON, MATIC, and others, were mysteriously transferred from CoinEx hot wallets to unknown addresses, sparking serious…
Cryptocurrency remittances fall 26.5 % in El Salvador
The receipt of remittances through cryptocurrency wallets in El Salvador experienced a significant decrease of 26.5 % during the first half of 2023, according to data from the Central Reserve Bank.
Official figures show that between…
PayPal enters the TRUST network
The digital payment platform PayPal announced its incorporation into the Travel Rule Universal Solution Technology (TRUST) platform, which allows it to be part of a network of important names in the world of cryptocurrencies.
This measure…
AFIP supports the creation of the global registry of crypto holders
The head of the Federal Administration of Public Revenues (AFIP) of Argentina, Mercedes Marcó del Pont, stressed that they are supporting the creation of a global centralized system that supports a registry of crypto holders, which would…
Spain increases its controls on cryptocurrencies
The Spanish Ministry of Finance, through the Union of Technicians of the Ministry, GESTHA, reported that it has been increasing its efforts to supervise and control operations with crypto assets and will continue to "monitor providers of…
BBVA in Switzerland will offer bitcoin transactions
The headquarters of the financial entity of BBVA of Switzerland launches today its first service for the purchase, sale and custody of crypto assets, starting with Bitcoin. The purpose is to open to other cryptocurrencies, for all its…
Cryptocurrency adoption continues to grow in Venezuela
Through a recently issued statement, the Venezuelan subsidy allocation system, Patria, announced the gradual incorporation of the Bitcoin and Litecoin wallets to the platform. They will interact with the Venezuelan cryptocurrency, the…
Five Russian commercial banks will test digital ruble in 2021
In a recent report, the Central Bank of Russia reported new initiatives aimed at improving technological innovation in payments in the retail sectors and other areas, favoring the development of the digital economy, reducing the dependence…
WhatsApp will launch system to make mobile payments
WhatsApp is already in contact with various digital payment companies in Indonesia to soon enable a new mobile transaction service in that country.
The purpose of the company is to try to take advantage of the gigantic sector of electronic…
Cryptocurrencies gain ground to credit cards
The ups and downs in the value of cryptocurrencies has moderately influenced investor preferences. Although many people may see crypto as a risk, they still prefer them to credit cards in countless transactions.
This trend is mainly based…