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Venezuela

Screen Shot 2018-06-19 at 11.36.20 AM
Markets
Venezuela
A Plan to Send Millions in Bitcoin to Venezuela Is Moving Ahead
Developer Jonathan Wheeler plans to airdrop bitcoin across Venezuela, in an ambitious attempt at quelling the country's ongoing economic crisis.
Screen Shot 2018-06-19 at 11.36.20 AM
By Alyssa Hertig
Jun 28, 2018 at 8:00 a.m. UTC
Jun 28, 2018
VenezuelaBitcoinLightning NetworkFeaturesTechnology News
Venezuelan students
Markets
Venezuela
Venezuelan President Launches Cryptocurrency-Funded Youth Bank
Venezuela is reportedly launching a youth bank to be funded by the state's controversial cryptocurrency, the petro.
Venezuelan students
By Sujha Sundararajan
May 4, 2018 at 12:00 p.m. UTC
May 4, 2018
VenezuelaBankingNewsPetroNicolas Maduro
AirTM Exchange in Caracas
Markets
Venezuela
The Anti-Petro? Zcash Throws Venezuelans a Lifeline
The creator of zcash has partnered with a startup called AirTM to help Venezuelans turn their inflated local currency into U.S. dollars, undetected.
AirTM Exchange in Caracas
By Michael del Castillo
Apr 9, 2018 at 4:00 a.m. UTC
Apr 9, 2018
VenezuelaZcashAirTMFeaturesother-public-protocolsTechnology News
russia flag
Markets
Russia
Russian Official: Venezuela Won't Be Paying Its Debt in State Crypto
A Russian Finance Ministry official has stated that Venezuela will not pay off its $3.5 billion debt using the petro.
russia flag
By Nikhilesh De
Mar 27, 2018 at 4:30 p.m. UTC
Mar 27, 2018
RussiaVenezuelaNewsPetro
Caracas. February 1, 2017. President of Venezuela, Nicolás Maduro (center) with First Lady Cilia Flores (left) and Defense Minister Vladimir Padrino López (right), in a militar parade.
Markets
Venezuela
Crypto Investors Should Stay Away from Venezuela’s Petro
Crypto enthusiasts around the world should send a strong signal to President Maduro that blockchain technology will not be used to support corruption.
Caracas. February 1, 2017. President of Venezuela, Nicolás Maduro (center) with First Lady Cilia Flores (left) and Defense Minister Vladimir Padrino López (right), in a militar parade.
By Yaya FanusieMichaela Frai
Mar 25, 2018 at 10:00 a.m. UTC
Mar 25, 2018
VenezuelaSanctionsPetroFeatures
Kremlin
Markets
Russia
'Fake News': Russian Official Reportedly Denies Involvement with Petro
A Russian official has called reports that the country helped Venezuela launch its controversial petro cryptocurrency "fake news."
Kremlin
By Nikhilesh De
Mar 23, 2018 at 5:00 p.m. UTC
Mar 23, 2018
RussiaVenezuelaNewsPetroMaduro
putinmaduro
Markets
Russia
Report: Russians Helped Venezuela Launch the Petro
Time Magazine reported Tuesday that the Russian government helped Venezuela develop the petro cryptocurrency with the support of Vladimir Putin.
putinmaduro
By Nikhilesh De
Mar 20, 2018 at 5:31 p.m. UTC
Mar 20, 2018
RussiaVenezuelaRegulationNewsVladimir PutinCentral BankingLegalNicolas Madurouse-cases-verticalsbusiness news
Caracas (Venezuela), 19 Abril del 2013. Posesión de Nicolas Maduro como Presidente de la República Bolivariana de Venezuela. Foto: Xavier Granja Cedeño/Ministerio de Relaciones Exteriores Comercio e Integración
Markets
Venezuela
Venezuelan Politician Blasts US Sanctions as Petro ICO Goes Public
A politician from Venezuela's ruling party has denounced U.S. sanctions against the petro, as the sale of the token opens to the public.
Caracas (Venezuela), 19 Abril del 2013. Posesión de Nicolas Maduro como Presidente de la República Bolivariana de Venezuela. Foto: Xavier Granja Cedeño/Ministerio de Relaciones Exteriores Comercio e Integración
By Annaliese Milano
Mar 20, 2018 at 10:05 a.m. UTC
Mar 20, 2018
VenezuelaNewsICOsinitial coin offeringsPetro
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Markets
Venezuela
Trump Orders Sanctions Against Venezuela's Crypto
A report Monday indicated that US President Trump might sanction Venezuela and its petro token.
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By Nikhilesh De
Mar 19, 2018 at 5:00 p.m. UTC
Mar 19, 2018
VenezuelaNewsDonald TrumpLegalPetroNicolas Maduro
Committee on Armed Services
Markets
Crime
US Lawmaker Presses Treasury on Venezuela's Petro Sale
Florida senator Bill Nelson has denounced Venezuela's petro token and asked how the U.S. Treasury plans to enforce sanctions.
Committee on Armed Services
By Nikhilesh De
Mar 14, 2018 at 3:00 p.m. UTC
Mar 14, 2018
CrimeVenezuelaRegulationNewsLegalPetroMarco RubioBill NelsonBob Menendez