Mexico is one of the countries in America with the greatest growth in the adoption of cryptocurrencies through remittances that citizens abroad send to their families for daily sustenance, to help to establish a business, studies or other purposes.
Of course, it cannot be considered the panacea or…
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financial inclusion
Bancamiga displays its recent financial innovations at Fitelven
Given the growth of digital markets, Bancamiga promotes payment methods that enrich the experience of customers when making purchases. One of these methods is the use of tokenized cards on cell phones or watches.
In the tokenization…
IDB: Digital payments have increased in Latin America and the Caribbean
Digital payments have experienced rapid growth in Central America and the Caribbean, according to the recent Inter-American Development Bank (IDB) report titled “Towards Greater Financial Inclusion for Development.”
The IDB published this…
Peru will test CBDC with support from the IMF
Peru will begin pilot tests for a central bank currency, or CBDC, according to the recent announcement by the Central Reserve Bank of Peru.
The local institution has indicated that the main objective is to promote financial inclusion “as…
Fintech Alliance of Ibero-America renewed its authorities
The Ibero-American Fintech Alliance elected new authorities for the Board of Directors, in a renewal of its commitment to financial inclusion in the region.
The election of the new president was held at the beginning of this month, with…
IMF says CBDCs can promote financial inclusion
The speech by the director of the International Monetary Fund, Kristalina Georgieva, during the inauguration of the FinTech Festival in Singapore, was an exhortation to public institutions to prepare for the implementation of CBDCs as an…
Digital payments in South America have grown considerably since 2018
In a statement issued after the XLI Meeting of Presidents of Central Banks of South America, held in Quito, the Central Bank of Ecuador reported that digital payments in the South American region experienced an impressive growth of 84 % in…
Ron de Santis would ban CBDCs if he becomes president
Ron DeSantis, candidate for the presidency of the United States, reiterated his criticism of digital currencies issued by central banks (CBDCs), specifically opposing the possibility of implementing a digital dollar in the country.
During…
IMF urges crypto regulation but warns against outright ban
The International Monetary Fund (IMF) reiterated its call for the regulation of cryptocurrencies in certain countries, but stressed that an outright ban may not be the best strategy.
In a June 22 report on Latin America and the Caribbean,…
Mastercard launches alliance with Indonesian cryptocurrency portal
The financial services company, Mastercard, established an alliance with the Indonesian cryptocurrency portal Fasset in order to develop digital solutions that facilitate financial inclusion in the Asian country.
The manager of Mastercard…