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Tag: Banking

Libra cryptocurrency

Libra cryptocurrency: Bad News?

October 2, 2019

Retreating… According to an article published in the Wall Street Journal, some of the financial participants (such as Visa and Mastercard) in the Libra cryptocurrency consortium would be reconsidering their participation in it. The cause would be the focus that regulatory authorities in the U.S. and Europe are putting on the project led by Facebook.…
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Digital bank

Argentina: The first 100% digital bank is cleared to go

June 12, 2017

This digital bank will have only 40 employees and will compete against 80 other banks Last Thursday, the Central Bank of Argentina (Banco Central de la República Argentina) gives a green light to “Wanap”, the first 100% digital bank in the South American country. Wanap will start its operation with a $10 millions. Their objective…
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