The financial authorities of Germany have been working on the development of a technology capable of allowing investors the acquisition and sale, within the blockchain system, in exchange for money from the Central Bank.
This new tool thus becomes the first step to unite the traditional financial…
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Turkish lira collapse fuels bitcoin purchase
Due to the fall of the Turkish currency, searches for bitcoin and cryptocurrencies in general in this country have reached all-time highs.
In recent days, a series of economic measures have been generated in the nation, such as the…
Brazil becomes first Latin American country to launch bitcoin fund
This week, Brazil became the first country in Latin America to launch its own Exchange-Trade Funds (ETF) through the Brazilian Securities and Exchange Commission (CVM).
The exchange-traded fund was called "Hashdex Nasdaq Crypto Index ETF",…
Bitcoin price could reach $ 300,000
Bobby Lee, CEO of Crypto Wallet Ballet said the price of bitcoin could end up reaching $ 300,000 after the bubble bursts at its peak.
"Bitcoin bull market cycles happen every four years and this is a big one. I think it could really go up…
Grayscale Investments launches cryptocurrency trusts
Asset manager Grayscale Investments announced the launch of five cryptocurrency-based trusts.
As detailed by the company, this measure seeks to respond to the global demand that has been generated in terms of investments in digital assets.…
Peru’s economy contracted again
Peru's national production registered a 0.98 % contraction during the month of January, after the positive variation of 0.51 % recorded in December 2020, according to data published by the National Institute of Statistics and Informatics…
Russia to reduce the use of US dollar in trade
The president of the Lower House of the Russian Parliament, Viacheslav Viktorivich Volodin assured that the country has been gradually reducing its dependence on the dollar.
This is how transactions in national currencies within the space…
ECB predicts economic growth in the European region
The euro zone economy will grow this year at a rate of 4 %, one tenth more than expected last December, although in 2020 the rebound will be 4.1 % instead of the 4.2 % previously estimated. Meanwhile, the bloc's inflation rate will…
US CPI stood at 1.7% during February
The consumer price index (CPI) of the United States stood at 1.7 % last February, three tenths above the year-on-year inflation rate registered the previous month. It represents the highest price increase in the country since February 2020,…
Brazil stands out as the largest influencer in Latin America
Mexico, Brazil and Argentina are the Latin American countries with the greatest influence, according to the latest Global Soft Power Index 2021 report from the consulting firm Brand Finance.
This year, the ranking incorporates 12 new Latin…
BCV announced the incorporation of three new banknotes
As of this March 8, three new banknotes will be circulating to the current monetary cone, as announced by the Central Bank of Venezuela (BCV) recently.
According to the agency, these pieces will be those of 200,000, 500,000 and 1,000,000…
Banco de Bogotá will carry out a pilot plan with cryptocurrencies
The Financial Superintendence of Colombia will carry out a pilot plan during March to test operations with cryptocurrencies, in the hands of three major banks.
This pilot is part of the "Regulatory Sandbox", whose objective is to be able…