The Central Bank of Venezuela is in the process of integrating into the Mir payment system, developed by Russia and widely used in several countries around the world, the Central Bank of the Latin American country announced in a statement.
The president of the BCV, Calixto Ortega, provided details…
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SWIFT
Venezuela and Russia analyze creating an alternative financial system Swift
The Venezuelan Foreign Minister, Yván Gil, reported on Tuesday that they are working together with the Russian central bank to create an alternative financial system for international payments.
According to Gil, the objective is to find an…
Visa targets stablecoin liquidations
Visa is investing in the global settlement of digital assets and fiat currencies, with the goal of allowing its clients to convert digital assets into fiat currencies on its platform.
The head of the company's cryptocurrency division, Cuy…
Lightning Network will allow the issuance and transfer of cryptocurrencies
Taro is the new update of the Lightning Network, designed by CTO Olaoluwa Osuntokun, which allows all its participants to issue and transfer assets on the Bitcoin blockchain, including stablecoins globally, at a very low cost and Almost…
Russia and India create payment systems similar to SWIFT
Russia and India finalized the creation of an international payment system in rupees and rubles in order to provide service to bilateral trade with a platform similar to the Society for Worldwide Interbank Financial Telecommunications,…
Swift, the system from which Russia could be left out
After Russia's invasion of Ukraine, world leaders have decided to opt for different types of sanctions, among which the disconnection of the country chaired by Vladimir Putin from the Swift payment platform was considered at the time.
Not…