Peru Financial News

05.04 / 22:29

CBDC Adoption Latin America Peru considering CBDC to improvement payment system: Former IMF adviser

The Central Reserve Bank of Peru (CRBP) has published a paper that it said will be the first in a series to examine the need, design and timing of a Peruvian central bank digital currency (CBDC), John Kiff, research director at the Sovereign Official Digital Association (SODA), reported. The report concentrates on issues relating to a retail CBDC.

10.03 / 14:25

UPS Twitter BLOCK SVB Crypto VCs ask portfolios to pull funds from Silicon Valley Bank

Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling to reassure clients after moves to shore up its balance sheet spooked investors. The warnings arise as startups in the industry look for viable banking options.

01.02 / 08:47

Blockchain Provident Platform Enterprise ChromaWay and the Inter-American Development Bank Collaborate to Improve Property Registration using the Chromia Blockchain

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

30.01 / 18:49

Southern Peru Protests Hit Mining Sector and Impede Exports

LIMA, Peru—After nearly two months and dozens of deaths, Peru’s political upheaval is battering industries that once powered one of Latin America’s fastest-growing economies.

13.01 / 00:49

business Government Blockchain Investments letter Crypto Community unimpressed by SBF’s lengthy substack letter

The crypto community has voiced their opinions on Sam Bankman-Fried’s latest “pre-mortem overview” of the collapse of FTX, published on Jan. 12 as a letter on substack.

23.12 / 01:57

Technology Cinema Winning number drawn in Spain's El Gordo lottery

An unemployed Peruvian woman was among the grand prize winners Thursday in Spain’s bumper Christmas lottery known as “El Gordo” (The Fat One).

23.11 / 06:21

business Blockchain Adoption Sport Argentina’s fan token sinks 31% after World Cup loss against Saudi Arabia

Argentina’s shock 2-1 loss to Saudi Arabia in the opening match of the FIFA World Cup has plummeted the price of the Argentine Football Association Fan Token (ARG), in line with the hopes of the nation’s die-hard soccer fans.

17.06 / 12:37

UPS VISA Bitcoin Visa launches ‘Bitcoin Cashback’ cards in Brazil and Argentina

Teaming up with fintech startups and firms in the region, Visa will issue cards that allow users to receive Bitcoin cashback with every payment made.

30.05 / 23:53

Adoption Latin America South America Argentines turn to Bitcoin amid inflation worries: Report

Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean peso has negatively impacted citizens' purchasing power.

26.05 / 05:51

Adoption Survey NOT Developing countries love the Metaverse, rich nations not keen: WEF survey

Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the World Economic Forum (WEF).

06.05 / 19:27

Europe Drugs abortion rights Record quantities of cocaine seized in Europe, EU agencies warn

Record quantities of cocaine are being seized in Europe as the market expands, two European agencies warned on Friday.

28.02 / 14:55

business Payments VISA South America businesses Tribal partners with Visa to expand credit options for businesses

Crypto-focused enterprise payment platform Tribal Credit has partnered with Visa to expand credit and financing options for small- and medium-sized enterprises across Latin America, highlighting the growing synergies between traditional payment providers and the blockchain industry.

20.02 / 17:45

business Blockchain Adoption South America NFTs, payments and conferences: Crypto in Latin America in 2021

In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region.

03.02 / 17:25

business Latin America Funding South America Crypto-focused enterprise payment platform Tribal Credit raises $60M

Crypto-focused enterprise payment platform Tribal Credit has raised $60 million in an oversubscribed investment round, putting the company on track to continue its expansion in Latin America — a region that has seen significant uptake of blockchain-based cross-border payments.

26.01 / 21:41

NATO film Ukraine crisis: Blinken says US offers no concessions in response to Russian demands

US Secretary of State Antony Blinken has said Washington has made no concessions to the main Russian demands over Ukraine and NATO, in a written response delivered to Moscow on Wednesday.

26.01 / 21:41

Law film NOT Pope Francis urges parents not to condemn gay children

Pope Francis urged parents on Wednesday not to condemn their children if they are gay in his latest gesture of outreach to the LGBT community, long been marginalised by the Catholic hierarchy.

06.01 / 17:31

business Stablecoin Latin America credit cards Tribal Credit raises $40M in 'hybrid' debt round funded by dollars and stablecoins

Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America.

06.01 / 03:25

cryptocurrency regulation Latin America Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report

Governments in South America are gearing up to regulate crypto in the year ahead – with lawmakers in Peru and Uruguay readying legislation and draft proposals.

18.11 / 09:07

Adoption Latin America CNBC HK Peru to partner with India, HK and Singapore central banks on a CBDC

The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global race to develop a Central Bank Digital Currency (CBDC).

17.11 / 10:55

cryptocurrency CBDC Peru's central bank joins global push to develop a digital currency

CBDC), central bank President Julio Velarde said on Tuesday, as policymakers worldwide seek to keep pace with fast-spreading cryptocurrencies. Speaking at a conference with business leaders in Lima, Velarde said that Peru's central bank is working with the central banks of India, Singapore and Hong Kong in developing a CBDC.

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