Colombia Financial News

Based on true events, ‘Sound of Freedom’ is a biographical action movie starring Jim Caviezel as a Special Agent who quits his job to take on the mission of rescuing children from human traffickers and cartels in Colombia. Co-written and directed by Alejandro Monteverde, besides Caviezel, the film features impressive onscreen performances from a talented ensemble cast comprising Mira Sorvino, Bill Camp, Kurt Fuller, Gary Basaraba, and José Zúñiga. If you’re unfamiliar with Angel Studios’ Sound of Freedom, it’s because this is a rare film to make noise at the summer box office that isn’t getting released by one of the primary studios.

Rajiv Kumar has said that election management bodies, through forums like A-Web, can work together on pressing challenges, including countering fake narratives which are trying to derail election integrity worldwide. Participating in the 11th meeting of the Executive Board of Association of World Election Bodies (A-WEB) at Colombia, he also pitched for establishing A-WEB Global Awards for election management bodies which make significant contribution and take important initiatives in the democratic processes.

Colombian prosecutors have accused a former presidential candidate of receiving at least $2.8 million from Odebrecht, the Brazilian construction giant that has admitted paying bribes across Latin America to secure infrastructure contracts

Reyes' life was not always easy. She was orphaned at a young age, and she spent much of her childhood in orphanages and foster homes. Despite these challenges, she never gave up on her dream of becoming an artist.

By Philip Pullella

SAO PAULO (Reuters) — Brazilian President Luiz Inacio Lula da Silva said on Tuesday he wants the Mercosur bloc to advance in talks for trade deals with Canada, South Korea and Singapore, while also aiming to increase commerce with other countries in South America.

Jesús Ferreira's exceptional performance, as he accomplished a unique feat by securing a hat trick. Remarkably, this marked his second consecutive hat trick after scoring three goals against St. Kitts & Nevis in the previous game. Ferreira's remarkable achievement sets a historic milestone as he becomes the first player in the history of the USMNT to achieve back-to-back hat tricks in international matches. Notably, he joins Landon Donovan as the only players in USMNT history to have accomplished three career hat tricks in international competition. Back on June 10, 2022, Ferreira showcased his talent by achieving his first-ever hat trick against Grenada in a Concacaf Nations League match. In an impressive 5-0 victory, Ferreira played a pivotal role, netting an astounding four goals during the game. Ferreira has displayed remarkable prowess in scoring goals for the US Men's National Team (USMNT), with 12 out of his 14 goals coming against Caribbean nations. This impressive record has earned him a playful and catchy nickname, «The Pirate of the Caribbean.» The nickname has gained popularity swiftly, even being mentioned by sports analysts and commentators.

Digital asset exchange Bitfinex has launched a peer-to-peer (P2P) trading platform in Venezuela, Argentina and Colombia.

The International Monetary Fund (IMF) has reiterated its calls for crypto regulation across certain countries but said an outright ban may not be the best approach.

Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state.

Banco de la República, in conjunction with the Ministry of Information and Communications Technologies, will pilot the Ripple platform through the rest of the year. Developed to address multiple use cases including wholesale and retail CBDCs on a private ledger or issuing a stablecoin, the Ripple platform is powered by the XRP Ledger, an energy-efficient and open-source blockchain.

Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger. 

Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase.

Crypto credit card adoption is on the rise in Brazil, issuers have claimed, with more Latin American users than ever reportedly buying and spending tokens.

Colombians are increasingly taking crypto, one of Latin America’s biggest crypto exchanges has claimed.

Despite a «wild year» of scandal and failure in 2022 when the FTX exchange and a number of crypto dealers collapsed, Peter Smith, chief executive of London-based Blockchain.com, told the Qatar Economic Forum that there is now «real growth» in the crypto community. Smith, who said nearly a decade as head of Blockchain.com had left him with «no nerve endings», told how other countries were taking advantage of the void left by the US where some regulators were «openly negative about crypto». While some US legislators want to see rules for a cryptocurrency market, regulators there have taken a tough line because of fears of money laundering and scams such as the FTX collapse. Former FTX chief Sam Bankman-Fried is due to go on trial in New York in October.

Blockchain has a lot to offer to agriculture, helping the oldest industry reach a new dimension. Everything related to data and transactions can be enhanced with traceability, security, and speed. All of these features and benefits can transform agriculture and help it scale. With demand for food and agricultural products expected to jump 70% by 2050, scaling is more than a necessity.

Human rights advocacy group Amnesty International has retracted artificial intelligence (AI) generated images it used in a campaign to publicize police brutality in Colombia during national protests in 2021.

Brazilian neobank Nubank, known for its crypto-friendly stance, has made headlines by hiring David Marcus, the former crypto chief at Meta (formerly Facebook), while simultaneously seeing a key member of its management team step down. The move comes hot on the heels of the bank's release of its own crypto asset.

It’s no secret that over the last few years, many physical events have now digital iterations or have even been completely digitized into virtual reality. 

The Brazilian Central Bank says that its central bank digital currency (CBDC) – the digital real – is being designed to help now domestic businesses grow. The bank is also looking to tighten the regulations surrounding cryptoassets.