The Hong Kong Monetary Authority (HKMA) announced that it will oversee stablecoin issuance and reserve management within the industry.
In a recently published document, the body gave its point of view on what the regulation of industries within Hong Kong should look like, with an emphasis on…
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economy
Latin America will slow down its growth rate in 2022
Latin America and the Caribbean will decelerate their economic growth rate in 2022 to 2.1%, after having observed an average growth of 6.2% last year, according to new projections provided by the Economic Commission for Latin America and…
FMI assures that cryptomones are destabling
The growing popularity of cryptomones such as Bitcoin or Ethereum, whose market value has come to quintuplicate in recent times, reaching 3 billion dollars point to a capacity to destabilize markets that it requires approaching with a…
Venezuela ended the year with one-digit inflation
The Central Bank of Venezuela (BCV), in its inflationary figures published last weekend, indicated that this indicator of the country closed for the month of December at 7.6%.
This keeps the Venezuelan inflationary index back in single…
Paypal works on the issuance of its own stablecoin
The online payment platform Paypal, announced through the senior vice president of cryptocurrencies that it is working on the issuance of its own stablecoin.
José Fernández da Ponte indicated that the platform is making all the necessary…
Kazakhstan forced to halt bitcoin mining
Kazakhstan, which is second on the list of bitcoin miners worldwide, has recently been experiencing problems with this activity due to protests against the government.
Specifically, a series of local demonstrations have forced the…
Peru will have cryptocurrency laws
Recently, the "Bill of the Cryptoassets Marketing Framework Law" was presented in the National Congress of Peru, which seeks to establish laws for cryptocurrencies.
This initiative, presented by parliamentarian José Luis Avalos, also wants…
Bukele sees bitcoin at $ 100,000
The president of El Salvador, Nayib Bukele, recently made a series of predictions related to the performance of bitcoin during this year.
The president of the first country to legally adopt the cryptocurrency, assured that at least two…
Banks of the world increase their gold reserves
The central banks of the world are increasing their gold reserves, and at the same time lowering the amount of dollars in recent decades.
Recent data from the World Gold Council reveals that gold reserves in 2021 reached their highest…
Economic recommendations for Venezuelans in 2022
During the year 2021, Venezuela registered a slight increase in its economy that could be maintained and increased by approximately 5% by the end of 2022, as long as the government authorities maintain the fiscal and monetary discipline…
Industrial sector closes 2021 with slight growth
The President of the Venezuelan Confederation of Industrialists (Conindustria), Luigi Pisella considers that the industrial sector obtained a slight growth by the end of 2021, reporting figures that reveal "a slight growth" in production…
Salary of workers in the United States will increase in 2022
The National Employment Law Project of the United States (NELP) indicated in its most recent report that on January 1st, 2022, workers will obtain an increase in their wages. It will be applied in 56 cities, counties and states.
According…