The Reserve Bank of India (RBI) will initiate the steps for the design and development of a “sovereign digital asset”. This was reported by the RBI governor, Shaktikanta Das, who admitted that they are expected to carry out the first tests of the project by the end of the year.
"I think by the end…
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investment
Fintech investment in Latin America exceeded $ 51,000 million
Investment in fintech companies in America reached 51 billion dollars in the first half of the year in a total of 1,188 operations in the region, according to a report published by KPMG.
The analysis carried out by the consulting firm…
Samsung will create 40,000 jobs in three years
Samsung Electronics will invest approximately $ 175 million over the next three years to underpin the South Korean giant's leadership in industrial restructuring after the Covid-19 pandemic, which will translate into the creation of 40,000…
Major international banks have investments in blockchain projects
International financial institutions are entering the blockchain ecosystem. This was highlighted in the research carried out by the Blockdata consultant, which reflects that "55 of the 100 main fundamental banks have investment…
US Senate passes infrastructure law
The Senate of the United States approved, with 69 votes in favor and 30 against, the Infrastructure Law, opening the possibility of an investment of 1.2 trillion dollars in the public works of the nation. However, the document contemplates…
Investing in crypto can help face currency devaluation
Investment company Contrarian Horizon Kinetics is suggesting to investors that crypto assets will enable them to meet progressive economic challenges around the world. This company, valued at $ 7 billion, recently reported that land and…
Cryptobuyer will continue to operate in Venezuela
Digital Factoring Corp. C.A obtained the exclusive license from Cryptobuyer for Venezuela, guaranteeing the operation of the entire ecosystem for the use and processing of payments and trading in the country and continuing to offer…
Cryptocurrency scam platform dismantled in Japan
Four people were captured for being allegedly linked to a scam that has been called "a fictitious investment story", which was carried out through a platform that offered "supposed returns on investment with supposed crypto assets, based on…
The EU has a new sustainable finance strategy
The European Commission published the new strategy on sustainable finance, which includes a series of initiatives to face climate change and some environmental challenges, increasing investment and inclusion of small and medium-sized…
Softbank will invest 1,000 million dollars in Latin America
The Japanese conglomerate SoftBank Group plans to invest this year about 1 billion dollars from its Latin American private equity fund due to the possible boost of technological growth in the region due to the Covid-19 pandemic.
"We are…
Netflix becomes the most popular brand in Latin America
A study carried out by the British consultancy Business Financing, found the most popular brands in the global arena in which the entertainment platform, Netflix, was above large brands such as Google or Amazon, in Latin America.
Despite…