The International Monetary Fund (IMF) considers it essential to create a regulatory framework for cryptocurrencies. That is why he published on his official blog some considerations that can serve as a reference to establish laws and guidelines that allow addressing digital assets in the world.
The…
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financial services
Chile requires clear regulation for the financial sector
Felipe Harboe, constituent member and former PPD senator, believes that banks have put barriers to certain financial services that are not within the traditional system because "they seek to defend their business model, which is to be the…
Korea wants to institutionalize cryptocurrencies
The South Korean Democratic Party recently organized a crypto task force with the aim of "institutionalizing" cryptocurrencies with innovative legislation. The intention is to soften the attitude of the regulator and propose progressive…
Innovative Inter Fintech and Open Banking project
Venezuelan banking faces the biggest challenges in innovation developments in an environment that constantly redirects strategies for the best and greatest provision of financial services.
The term Open Banking refers to a business model…
Japan to experimentally test digital currencies
The Bank of Japan announced that it will carry out tests with a digital currency, conceived in response to the boom in digital payment services and cryptocurrencies, and in line with initiatives undertaken by other reference entities.
The…
Digital payments, the most common financial service
The adoption of electronic payments is becoming morecommon in the financial market and its growing interest is evidenced in surprising figures, as indicated by the US payment processor Stripe.
One of the main reasons is that digital…
The Digo payment network adapts to the reality of Venezuela
Every day there are numerous users who join the social payment network Digo. Around 150 and 200 clients per day are part of the platform, which is developing functions and possibilities that not only allow having multiple payment systems,…
Bitcoin is 4% higher than its all-time high
The largest cryptocurrency in the world, bitcoin, reached a historical maximum of more than 4 %, reaching $ 54,000, a figure that places the currency over 5 % of its historical maximum marked on February 21, about $ 57,355.
Since the first…
Visa Everywhere Initiative 2021 invites Latin American and Caribbean fintech companies
The multinational financial services company, Visa, in alliance with Finnovista, has opened the call for all fintechs located in Latin America and the Caribbean to enroll in the Visa Everywhere Initiative 2021 program, as announced by the…
Mastercard will let merchants receive cryptocurrencies
The multinational financial services company Martercard has reported that by the end of 2021 merchants will be able to receive payments in cryptocurrencies, a modality that will allow customers to mobilize digital, traditional or crypto…
Visa partners with digital company to allow buying bitcoin
The giant of electronic payments, Visa, has announced the ties of cooperation with the digital neobank First Boulevard with the aim of testing an API, which means an application programming interface.
The proposal will allow clients and…