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Venezuela

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Markets
South america
Venezuela Claims $735 Million Raised in First Cryptocurrency Sale
Venezuelan president Nicolas Maduro claimed Tuesday that a presale for the country's national cryptocurrency netted $735 million on its first day.
DWhesiWXcAA_yLl
By Stan Higgins
Feb 21, 2018 at 4:15 a.m. UTC
Feb 21, 2018
South AmericaVenezuelaNewsPetrobusiness news
vz
Markets
Ethereum
What We've Learned About Venezuela's Cryptocurrency
Venezuela revealed a new website for its petro token, releasing its technical white paper and telling potential customers how to purchase the coin.
vz
By Nikhilesh De
Feb 20, 2018 at 9:30 p.m. UTC
Feb 20, 2018
EthereumVenezuelaRegulationNewsSanctionsERC20LegalPetroNicolas Madurobusiness news
Venezuela assembly
Markets
Venezuela
Venezuela's 'Petro' Token Launches in Pre-Sale
Venezuela's government has reportedly launched the pre-sale of its controversial "petro" cryptocurrency, saying 82.4 million tokens are now available.
Venezuela assembly
By Daniel Palmer
Feb 20, 2018 at 10:20 a.m. UTC
Feb 20, 2018
VenezuelaNewsPetroNicolas MaduroTechnology News
OPEC
Markets
Opec
Report: Venezuela's Maduro Wants OPEC to Launch a Cryptocurrency
Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states.
OPEC
By Annaliese Milano
Feb 7, 2018 at 5:45 p.m. UTC
Feb 7, 2018
OPECVenezuelaNewsOil MarketsNicolas Madurouse-cases-verticals
Russian flag behind fence (Shutterstock)
Finance
Crime
Sanctions Showdown Looms for US and Cryptocurrency
If OFAC turns its eye toward cryptocurrencies, it could be only a matter of time before it makes an example of one or more entities to send a message.
Russian flag behind fence (Shutterstock)
By Brian Fleming
Feb 6, 2018 at 1:00 p.m. UTC
Feb 6, 2018
CrimeEuropeRussiaAMLVenezuelaRegulationSanctionsLegalOFACPetro
Nicolas Maduro
Markets
Venezuela
Venezuela's President Announces 'Petro' Token Pre-Sale
The president of Venezuela has said the pre-sale of the country's proposed oil-backed cryptocurrency will launch next month.
Nicolas Maduro
By Sujha Sundararajan
Jan 31, 2018 at 4:00 p.m. UTC
Jan 31, 2018
VenezuelaNewscryptocurrenciesPetroNicolas MaduroTechnology News
Congress, Capitol Hill
Markets
Crime
US Senators Blast Venezuela's Oil-Backed Cryptocurrency Plan
U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela's planned cryptocurrency in a new letter.
Congress, Capitol Hill
By Nikhilesh De
Jan 22, 2018 at 10:55 p.m. UTC
Jan 22, 2018
CrimeVenezuelaRegulationNewsPetroMarco RubioRobert MenendezNicolas Maduro
Maduro
Markets
Venezuela
Venezuela Blasts 'False' White Paper for Oil-Backed Cryptocurrency
Venezuelan officials have denied claims that the petro token's white paper has been released, calling such claims "false information."
Maduro
By Nikhilesh De
Jan 19, 2018 at 9:30 p.m. UTC
Jan 19, 2018
VenezuelaNewsPetroMaduro
Venezuela Congress
Markets
Cryptocurrency
Venezuela's Planned Petro Cryptocurrency 'Illegal,' Says Congress
Venezuela's opposition-run congress has declared that a planned new oil-backed cryptocurrency called the petro is illegal.
Venezuela Congress
By Sujha Sundararajan
Jan 10, 2018 at 10:00 a.m. UTC
Jan 10, 2018
CryptocurrencyVenezuelaRegulationNewsLegalPetro
mole, whack
Markets
Russia
Regulatory Whack-a-Mole Won’t Beat Crypto Evasion
If the U.S. government just tries to go after each problematic example of crypto on an ad-hoc basis, it'll never get ahead of the issue.
mole, whack
By Bradley Tusk
Jan 7, 2018 at 10:00 a.m. UTC
Jan 7, 2018
RussiaVenezuelaRegulationSanctionsFeaturesus-canada