The World Bank will not provide technical assistance to El Salvador in the process of adopting Bitcoin (BTC) as a legal currency, due to transparency and the impact that digital mining generates on the environment. Nevertheless, the body would be forced to accept the cryptocurrency as a form of…
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El Salvador could be the first country to adopt bitcoin as legal currency
The president of El Salvador, Nayib Bukele, announced this Saturday during a video conference on Bitcoin, that the country wants to become the first nation in the world to adopt cryptocurrency as a legal tender.
Bukele has detailed that he…
Brazilian state bank requests the intervention of justice in the case of Odebrecht
The Caixa Federal Economic Bank, asked for justice in the case of Odebrecht, who has been involved in scandals in illegal acts, which is why the financial institution has requested to comply with the law to restructure its millionaire debt.…
Tim Cook opposes to the creation of a Libra-style digital currency
Tim Cook, chief executive of Apple Inc, said on Thursday that companies should not try to establish themselves in power by launching competing currencies into the market, referring to the Libra, the Facebook cryptocurrency scheduled to…
The United States will impose new tariffs on the UE
The US government announced that on October 18th it will apply new tariffs to the European Union after the approval received by the World Trade Organization (OMC) who, hours before the announcement of the new measure, had already authorized…
Ecuador will withdraw from the OPEC due to financial problems
Ecuador announced on Tuesday it will leave the Organization of Petroleum Exporting Countries (OPEP) next year. The decision was taken due to the financial problems the country is going through related to the internal issues and challenges…
Venezuela will implement cryptocurrency payment system
The president of Venezuela, Nicolás Maduro, announced in a special transmission to the country that, along with his ministerial train, they are working on cryptocurrencies to implement this mechanism as a free system for national and…
Manuel Macedo is the new CEO for Honeywell Latin America
The new director for Latin America, Manuel Macedo, will head Honeywell, one of the most recognized companies in the world exceeding 13,000 employees and 25 facilities. This specialist in diversified technology will be based in Mexico City…