With the aim of encouraging the arrival of foreign investors and, in addition, facilitating their legal residence, the President of the United States, Donald Trump, announced a plan that will replace EB-5 visas.

The “gold cards” are part of a strategy to offer permanent residence and a path to citizenship to foreign investors. For this, Trump would have a budget of five million dollars.

From the Oval Office, the president said: “We are going to sell a gold card, you have a green card, this is a gold card. We’re going to put a price on that card of about 5 million dollars, and that will give them the privileges of the green card, in addition to being a path to citizenship.”

This initiative would be up and running in a couple of weeks and is not expected to require approval from Congress. The American president hopes that wealthy investors will come to the country, buy the card, and generate income and employment.

M.Pino

Source: telemundo

(Reference image source: Towfiqu barbhuiya en Unsplash)

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La entrada United States to launch program to encourage foreign investment apareció primero en Bitfinance.

Ángel Alvarado, economist and member of the Venezuelan Finance Observatory, stressed that the incentives that are being granted to the market, together with oil prices rise and the increase in the number of exports that are being developed, are the factors that allow forecasting economic growth for this year in Venezuela.

Alvarado expressed: “The economic incentives appeared; a market economy appeared, the productivity and the lifting of price control and exchange control, made many economic activities’ breath after so much time of restriction.”

It is evident that with the current Venezuelan environment there will be economic growth in the country during 2022, after “such a big collapse, especially in 2019, and also as a result of all the isolation that Venezuela had, the economy was somewhat liberalized.”

International organizations such as ECLAC, multilateral entities, as well as private firms and investment banks are making projections on economic growth and affirm that the “economy is going to grow this year.”

For the member of the Venezuelan Observatory of Finance, from a technical point of view the appropriate term is “economic growth” and not recovery. “If measured with respect to years prior to the pandemic, there is none, nor is there any with respect to the year 2012. -2013, which is the maximum GDP achieved by Venezuela.”

M. Rodríguez

Source: finanzasdigital.com

La entrada Incentives and exports will help economic growth apareció primero en Bitfinance.

The digital currency Tether has turned out to be the first token to be activated in Hermez’s layer two network, it has been associated with the cryptoasset in order to offer cheaper transactions through accumulation of zero knowledge.

As described, the company specified that the collaboration will be possible after the Hermez network is officially launched in early 2021.

Likewise, the company reported that the Hermez network “is run by coordinators without permission who will decide the transactions included in each lot, based on incentives (rates)”

For its part, a Hermez spokesperson announced that this year “rates are expected to be predictable after the initial transitional period, given that a lot is the same scarce resource as a (layer one) block at present, the rates should be sufficient to incentivize a coordinator to include your transaction in the lot. The main difference is that now the lots can have 2,000 tx each ”.

In recent times, the clamor for layer two adoption has increased, leading to expensive gas fees. In fact, the latest incident of this type caused disruptions to project teams seeking to launch their platforms.

K. Villarroel

Source: cointelegraph

La entrada Ethereum will offer batch payments with Tether apareció primero en Bitfinance.