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economy

Mastercard expands its inquiries on cryptocurrencies

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…

UK seizes NFT associated with a tax fraud

For the first time, the United Kingdom managed to seize three files in NFT format, related to a case of tax fraud that used these assets to inflate their value and hide money from the tax authorities. TheUK seizes NFT associated with a tax…

Japan’s GDP experienced growth of 1.7%

Japan's Gross Domestic Product (GDP) expanded by 1.7 % in 2021, compared to 4.5 % contraction in 2020 and a 0.2% drop in activity in 2019, according to published data by the Japanese government. The growth of the indicator in 2021 as a…

Cryptocurrencies

P2P commerce boosted the use of cryptocurrencies in Venezuela

For Venezuela, 2021 represented a considerable evolution for the management of cryptocurrencies in the economy, thanks to the rise of non-fungible tokens (NFT), "play to earn" games, among others. According to a study by Chainalysis, the…

UK GDP increased by 7.5%

The Gross Domestic Product (GDP) of the United Kingdom grew by 7.5 % in 2021, thus registering the highest rate of expansion among the main advanced economies, after having suffered a contraction of 9.4 % in 2020, according to published…

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WHO asks for more economic contributions to face Covid-19

The World Health Organization (WHO) called on the most developed nations to contribute some 23,000 million dollars to be able to deal with the coronavirus and end the health emergency in 2022. In this context, a group of international…

Cryptocurrencies

Ireland will have no crypto investment funds

The Central Bank of Ireland recently assured that it is unlikely that an investment fund for cryptocurrency retailers will be approved, due to the lack of knowledge to work with this type of asset. In the report, published this month and…

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Venezuela to strengthen the financial system

The executive Vice Presidency of Venezuela, headed by Delcy Rodríguez, is holding workshops with the public and private banking sector in order to strengthen the country's financial and economic system, within the framework of the Economic…

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Central Bank of Ecuador works on regulations for cryptocurrencies

The manager of the Central Bank of Ecuador, Guillermo Avellán, reported that the institution is working on a draft to apply cryptocurrency regulations in the country. Avellán also spoke about the advances in digital assets in comparison…

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Meta registers services with cryptocurrencies in Brazil

The social media platform Meta, recently registered a Brazil brand to be able to design, develop and provide hardware and software for services related to cryptocurrencies. The company, formerly known as Facebook, delivered the required…

Poverty in Latin America continues to grow

Latin America has added five million more people to the situation of extreme poverty throughout 2021, going from 81 to 86 million people, affected by the coronavirus pandemic and the social crises of the continent, according to the Economic…

Binance submitted an application to enter Spain

The cryptocurrency infrastructure provider Binance submitted an application to the Banco de España registry as a cryptocurrency service provider, an initiative with which it "formalizes its commitment to local regulators" and takes its…

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