The firms Iver von Borries and Javier Romero Mendizábal, in Bolivia, presented to the Senate the proposal to legally recognize the Tether index for financial operations due to the difficulty of maintaining the local currency, the boliviano, in the framework of the current economic situation.

However, the proposal would require a modification of Law 2434, which allows the legal recognition of the stablecoin Tether ETH, “which already appears on the electronic board of the Central Bank of Bolivia (BCB), as a valid reference index, to be used in the indexing of contracts and financial operations.”

If this bill is approved by the Bolivian Legislative Assembly, it would provide legal security to the parties to a contract in Bolivia, in addition to the possibility of “ensuring greater flexibility and modernization of contractual and financial practices in the country.”

M.Pino

Source: cointelegraph

(Reference image source: Kanchanara on Unsplash)

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Bancamiga continues to reaffirm its leadership in innovation and has now incorporated the Suite Deportiva space in its Bancamiga Suite application, where clients will be able to see updated summaries on soccer, baseball, cycling, street races and marathons.

In partnership with Televen and Simple TV, Bancamiga Suite will show via streaming the best moments of the Venezuelan national team, the Futve League, the Venezuelan Professional Baseball League, national cycling competitions and races organized by Hipereventos.

Suite Deportiva will be led by prominent journalists such as Alberto Camardiel, Adriana Flores, Milena Gimón, Carlos Domínguez and Ernesto Linzalata, among others.

The President of the Board of Directors of Bancamiga Banco Universal, José Simón Elarba, said that the recent update of Bancamiga Suite has put in the hands of customers an application that goes beyond transactionality, by offering friendly, close and entertaining content.

Bancamiga makes life easier for Venezuelans when carrying out their financial transactions and also puts content of interest within their reach

“At Bancamiga we are committed to making life easier for Venezuelans when carrying out their financial transactions. Now with Suite Deportiva we have also become the first bank to offer a streaming space with the best plays and moments of national and world sports in its app,” Elarba highlighted.

The recent update of Bancamiga Suite is marking a milestone in the national financial system, because in addition to streaming, it offers customers the possibility of making transfers, paying for services and cancelling their purchases by simply bringing the app downloaded on their cell phone to contactless points of sale.

This functionality is mainly an attribute of the Bancamiga Debit Card in its individual, Kids, business and Black versions. And to enjoy this advantage, you only have to update the Bancamiga Suite app in the Play Store, which will allow the Bancamiga Debit Card or another to be tokenized on your cell phone. At the moment, Apple does not allow this type of advantage within its wallet.

With information and reference image provided by Bancamiga

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