Browsing the "Venezuela" Tag

US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro

| Yogita Khatri

The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.

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Venezuelan Economist: Cryptocurrency Is ‘Good’ Money, Bolivars Are Not

| Diana Aguilar

The adoption of cryptocurrencies in Venezuela could contribute to economic recovery, argues one local economist.

Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit

| Bailey Reutzel

As the situation in Venezuela continues to escalate, artist cryptograffiti, crypto exchange AirTM and merchant services provider Cripto Conserje have…

Venezuela’s Crypto Exchanges, Miners Must Register Under New Rules

| Yogita Khatri

Venezuela has activated new regulations for crypto service providers in the country, including exchange platforms and miners.

Bitcoin ATM Startups Say They’re Booming, Thanks in Part to Venezuela

| Leigh Cuen

Bitcoin ATM usage is surging, especially in Latin America, where Venezuelan refugees and others are seeking ad hoc banking solutions.

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’

| Nikhilesh De

Venezuela has filed a complaint against the U.S. with the World Trade Organization, highlighting sanctions against the petro as one issue.

Venezuela Isn’t the Crypto Use Case You Want It to Be

| Leigh Cuen

Cryptocurrency enthusiasts love to talk about Venezuelan users as an example of bitcoin's subversive potential – but the reality is more complex.

Report: Venezuela Is Forcibly Converting Pension Balances to the Petro

| Nikhilesh De

Venezuela has reportedly begun automatically converting residents' pensions into its controversial cryptocurrency.

Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro

| Yogita Khatri

Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.

This Bitcoin Skeptic Wants to Make ‘Stable’ Cryptos for Venezuela

| Leigh Cuen

Economist Steve Hanke has joined the board of the P2P cryptocurrency exchange AirTM and will guide its Latin American expansion, including a new…