Venezuela

(Ronlug/Shutterstock)
Venezuelans Forced to Use Petro Cryptocurrency to Pay for Passports
Venezuelans must now pay for passports with the country's controversial petro token, according to a report.
(Ronlug/Shutterstock)

(Image via Shutterstock)
US Senators Seek Stronger Sanctions on Venezuela's 'Petro' Cryptocurrency
A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.
(Image via Shutterstock)

Maduro
Venezuela to Adopt Controversial Petro Token in Global Trade
Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.
Maduro

bitcoin, map
Venezuela's Petro Cryptocurrency Is a Gift to Future Generations
The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed.
bitcoin, map

South America
Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise
Peer-to-peer cryptocurrency exchange AirTM has raised $7 million it says it will use to expand in troubled Latin American economies.
South America

Venezuelan bolivars
Venezuela's Maduro Orders Banks to Adopt Petro Cryptocurrency
Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account.
Venezuelan bolivars

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Even If It Fails: Why Dash Could Have a Lasting Impact on Crypto Adoption
Few cryptocurrency projects are evangelizing in emerging markets as aggressively as dash, giving $2.3 million to communities in the developing world.
Screen Shot 2018-08-21 at 12.54.13 PM

petro
Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president.
petro

Maduro
Venezuela's New National Currency Will Be Tied to the Petro, Says President
Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.
Maduro

Venezuelan bolivars
Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked
Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.
Venezuelan bolivars