Authoritarian Airdrop: Maduro ‘Gifts’ Petros to Venezuelans for Christmas
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses.
The head of Venezuela's state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement's Most Wanted list.
Crypto adoption is up from Argentina to Venezuela, especially bitcoin and stablecoins like dai. But each market is unique.
With their economy crumbling from hyperinflation, Venezuelans are finding new workarounds to get hold of digital dollars.
Nicolas Maduro and his crypto supervisor were two of the Venezuelan officials indicted Thursday on claims they used crypto to conceal the profits from drug running.
The state oil company will only accept petro for airplane fuel, per a new decree from Venezuela's president.