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Nalezeno "Venezuela": 465

Venezuela to Integrate Russian Mir Payments System in De-Dollarization Push


The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization push. More than 40,000 payment terminals are being...

Venezuela's Cryptocurrency Mining Ban Damages Industry Maduro Once Supported


Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported.  Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed...

IMF Working on Platform to Support CBDC Cross-Border Interoperability


The International Monetary Fund (IMF) is working to develop a platform that would serve as an interoperability layer for central bank digital currencies (CBDCs), allowing for settlements among different countries. According to statements from IMF Managing Director Kristalina Georgieva, this would...

Reports Indicate Venezuela Is Preparing to Liquidate the Petro


According to reports, the government of Venezuela could be winding down the operations of the petro cryptocurrency. The decision comes after Sunacrip, the Venezuelan cryptocurrency watchdog, was set back by the alleged participation of its former head Joselit Ramirez in a potential $20 billion...

EU Spokesperson: Russian Banks Will Not Be Reconnected to SWIFT Anytime Soon


The European Union (EU) has no intention of allowing Russian banks to be reconnected to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) banking system anytime soon. Peter Stano, spokesperson for external affairs of the EU, stated that these restrictions can only be lifted...

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