Tesla published its financial report for the fourth quarter of 2022, revealing that it had not bought or sold any Bitcoin.
Elon Musk's electric car company first added the flagship cryptocurrency to its balance sheet in February 2021, when it announced a $1.5 billion purchase of Bitcoin.
However,…
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treasury
PDVSA revenues exceed 69 % between January and May 2022
Between January and May 2022, Petróleos de Venezuela (PDVSA) has obtained revenues of more than 6,100 million dollars, equivalent to more than 69 % of the financial resources that entered the Treasury of the state company during the same…
The Fed decreed a new increase in interest rates
The Federal Reserve of the United States (FED) decreed a new increase in reference interest rates in the order of 0.5 percentage points to place them in a range that oscillates between 0.75 % and 1 % with the purpose of avoiding a increase…
UK ratifies plans to regulate stablecoins
The UK Treasury Department ratified its decision to continue with plans to regulate stablecoins under the Money Markets and Services Bill, after last week's collapse as stablecoin terrausd (UST) lost their peg with the US dollar, and after…
Colorado will accept cryptocurrencies for tax payments
Jared Polis, governor of the state of Colorado, revealed that the entity is preparing to become the center of the crypto economy and as of August it will be ready to receive different cryptocurrencies as a form of payment of the entity's…
Philadelphia to partner with CityCoins to boost its crypto treasury
Philadelphia Mayor Jim Kenney stated that the city is ready to partner with the CityCoins donation program to address the city's challenges and boost its treasury with cryptocurrencies.
CityCoins is a software application on the Stacks…
José Guerra: “It is necessary to create another currency in Venezuela”
The third monetary reconversion is imminent, but that strategy will not make citizens prefer the bolivar. This was stated by the economist and former deputy José Guerra, who also indicated the need to create a new currency.
According to…