Venezuela

Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.
Venezuela's Bitcoin Story Puts It in a Category of One
Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.
Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.

Nicolas Maduro, Venezuelan president
Venezuela Rolls Out Ethereum-Based Stock Exchange to Help Skirt US Sanctions
The blockchain-based exchange comes as part of new measures announced by Pres. Nicolas Maduro in a bid to sidestep tough U.S. sanctions.
Nicolas Maduro, Venezuelan president

President Nicolas Maduro
Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool
The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.
President Nicolas Maduro

Bitcoin adoption has grown in Venezuela amid the ongoing COVID-19 pandemic, but it still remains low nationwide. (Kevin Keith/Unsplash)
Here in Venezuela, Doctors Struggle to Access Aid From Crypto Platform
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult.
Bitcoin adoption has grown in Venezuela amid the ongoing COVID-19 pandemic, but it still remains low nationwide. (Kevin Keith/Unsplash)

(Markus Spiske/Unsplash)
How a Hacker Launched a Decentralized Network to Track Internet Censorship
Using free and open-source software, the Open Observatory of Network Interference has built a “decentralized, citizen-led, internet censorship observatory.”
(Markus Spiske/Unsplash)

(CoinDesk archives)
Paxful, Citing Regulations and Its Own 'Risk Tolerance,' Exits Venezuela's P2P Bitcoin Market
The exit deprives Venezuela's crypto scene of its second-largest P2P exchange.
(CoinDesk archives)

(Shutterstock)
Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar
Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers.
(Shutterstock)

Map of Eastern European countries
Ukraine Leads Global Crypto Adoption, Chainalysis Says in New Report
Ukraine, Russia and Venezuela are the top three countries by crypto adoption in the world, according to Chainalysis.
Map of Eastern European countries

Venezuelan Bolivars and U.S. dollars.
Venezuelans Look to Crypto-Dollars for Financial Security
Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people.
Venezuelan Bolivars and U.S. dollars.

Traffic in Caracas (luisana zerpa/Unsplash)
Chainalysis Report Shows Healthy Crypto Usage in Venezuela
The Venezuelan government's push to create a cryptocurrency-centric economy appears to be working, but perhaps not in the way officials had hoped.
Traffic in Caracas (luisana zerpa/Unsplash)