Kosovo’s decision to eliminate the Serbian dinar as a means of payment in the north of the country in one month has generated discomfort in Belgrade, which does not recognize the independence of its former province

Kosovo, a former province of Belgrade, announced a one-month transition period to eliminate the Serbian dinar as a means of payment in the north of the country.

According to the local press, the Kosovo Prime Minister, “the left-wing nationalist Albin Kurti, announced last night that during the transition the decision of the Central Bank of Kosovo (BCK) to regulate payments exclusively in euros will be implemented.”

He explained that for thirty days they will do what is necessary to ensure that the population is informed and provide the “necessary help to make this transition as light as possible.” He added that the Executive will begin information campaigns on the issue with “the sensitivity it deserves.”

The decision to eliminate the Serbian dinar as a form of payment in northern Kosovo came into effect on February 1. However, the official admitted that a transition period is required. For this reason, he indicated that it will be in a month.

According to Kurti, “the Central Bank’s regulation on cash payments does not go against the Serbian dinar.” In fact, payments to Serbs of pensions and other aid from Serbia in dinars will continue in the current currency, “but they must be deposited in bank accounts in Kosovo in euros.”

M.Pino

Source: Swissinfo

(Reference image source: Unsplash+, in collaboration with Drazen Nesic)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Kosovo will eliminate the Serbian dinar as a means of payment in the north of the country apareció primero en Bitfinance.

Binance, one of the leading cryptocurrency exchanges, implemented a “monitoring tag” to address the volatility and risks associated with certain digital assets. This measure affects a specific list of tokens, including Monero (XMR), Zcash (ZEC), Horizen (ZEN) and Firo (FIRO).

In an official statement, Binance explained that tokens marked with the monitoring tag exhibit “significantly higher volatility and risks compared to other listed tokens.”

In addition, he pointed out that these tokens are at risk of not meeting listing criteria, which could result in their removal from the exchange. Binance stressed that tokens with this tag will be subject to regular reviews.

During these reviews, various criteria will be evaluated, including trading volume and liquidity, stability and security of the network, as well as contribution to the crypto ecosystem in terms of health and sustainability. The capacity to respond to periodic due diligence requests will also be considered.

K. Tovar

Source: Criptotendencia

(Reference image source: Dmytro Demidko, Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Binance created the monitoring tag for certain assets apareció primero en Bitfinance.