Venezuela

(Ronlug/Shutterstock)
Venezuela Ends Controversial Petro Cryptocurrency: Reports
President Nicolas Maduro launched the Petro (PTR) in Feb. 2018 to support the nation's currency, the bolívar, in the face of an economic crisis exacerbated by U.S. sanctions.
(Ronlug/Shutterstock)

Venezuela (Ronal Labrador/Unsplash)
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate growing regulatory risks, the company said.
Venezuela (Ronal Labrador/Unsplash)

(Shutterstock)
US Alleges 5 Russian Nationals Used Crypto as Part of Sanctions Evasion, Smuggling Scheme
Defendants allegedly laundered "millions of dollars" using Tether.
(Shutterstock)

(Getty/Seksan Mongkhonkhamsao)
Bitcoin R&D Center Vinteum Launches in Brazil
The nonprofit aims to support developers in Latin America.
(Getty/Seksan Mongkhonkhamsao)

Uphold said it's withdrawing from Venezuela because of the complexity of dealing with U.S. sanctions. (Wesley Tingey/Unsplash, modified by Speaking of Bitcoin)
Crypto Trading Platform Uphold Exits Venezuela, Cites US Sanctions
Trading service in the country will be available until July 31, and accounts will be fully restricted as of Sept. 30.
Uphold said it's withdrawing from Venezuela because of the complexity of dealing with U.S. sanctions. (Wesley Tingey/Unsplash, modified by Speaking of Bitcoin)

Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns
Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns
Touzi Capital Founder & CEO Eng Taing discusses retail bitcoin mining, sharing insights into his company’s work with Compass Mining. Taing explains the energy efficiency of ne...
Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns

Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency
Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency
According to a Bloomberg report, Venezuela President Nicolas Maduro announced a 18-fold increase in Venezuela’s monthly minimum wage to roughly 126 bolivars ($28) by pegging i...
Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency

MetaMask and Infura Block Services Amid Regulatory Concerns
MetaMask and Infura Block Services Amid Regulatory Concerns
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to share his insights on why MetaMask and Infura restricted access for some users in...
MetaMask and Infura Block Services Amid Regulatory Concerns

Petro poster on a building (CoinDesk archives)
Venezuela Pegs Minimum Wages to National Cryptocurrency: Report
The Venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC.
Petro poster on a building (CoinDesk archives)

RPT: Crypto Wallet MetaMask Suspends Venezuela Operations Due to Compliance Issues
RPT: Crypto Wallet MetaMask Suspends Venezuela Operations Due to Compliance Issues
Reports are circulating on the internet claiming the MetaMask wallet has started blacklisting certain Venezuelan addresses, citing compliance issues with regulatory frameworks...
RPT: Crypto Wallet MetaMask Suspends Venezuela Operations Due to Compliance Issues