The Financial Commission informed that it issued a favorable opinion to reform the Credit Card System Law, modifications that will allow the elimination of membership and overdraft fees for cardholders. This reform could go to plenary session tomorrow so that it can be approved.

In the world of cryptocurrencies we are constantly creating new ways to make use of them, some of the solutions to help you manage the adoption of cryptocurrencies in the world.

Tokens & Values SA, the Salvadoran company that launches a Crypto Ecosystem of Decentralized Finance in the country, becomes a pioneer by incorporating an educational initiative called TOVAcademy for salvadorans to learn about the world of cryptocurrencies.

The study conducted by the Fundación Salvadoreña para el Desarrollo Económico y Social (FUSADES), shows that in El Salvador few people keep the habit of saving in cash or through a bank account.

The Superintendencia del Sistema Financiero (SSF), published in its twitter account that the amounts traded in the primary market of the Bolsa de Valores (BVES) has grown by 89.6%.

The superintendent of the Financial System, informed that yesterday was inaugurated the World Investor Week in which different virtual workshops will be held from October 4 to 9, providing essential tips and tools for investors.

Tuesday, 05 October 2021 02:29

Treasury will grant amnesty to pay taxes

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The minister of Finance, Alejandro Zelaya, informed in a press conference that he presented today to the Legislative Assembly (AL), a Ley Especial y Transitoria que otorga Facilidades para el Cumplimiento Voluntario de Obligaciones Tributarias y Aduaneras, known as tax amnesty, which seeks to forgive fines, interest and surcharges when paying taxes.

The Inter-American Development Bank (IDB) approved a $50 million loan to finance a program that will help reduce the housing deficit in El Salvador by providing loans to households for the purchase of low-income housing.

Saturday, 02 October 2021 04:56

Today the first bitcoin was mined from El Salvador

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Technology specialist, Monica Taher indicated through her twitter account that today the first bitcoin was mined from El Salvador, "we are talking about Renewable Energy, energy from a volcano, if this is not historic, I don't know what is", she said.

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