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Category: Venezuela

December 9, 2020

Venezuela ramps up Bitcoin payments for imports from Iran and Turkey

Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S.…
November 30, 2020

Venezuelan army starts mining Bitcoin to make ends meet

The Venezuelan army turns to crypto mining as the country's economy collapses. The regime of Nicolás Maduro continues to lean on crypto to keep economically solvent.Via…
November 26, 2020

US Grants Crypto Startup Circle Authority to Use Stablecoin in Venezuela

Stablecoin (USDC) issuer Circle is partnering with the US government, crypto exchange Airtm, and exiled Venezuelan opposition leader Juan Guiadó, to attempt to deliver some much-needed relief in the form of USDC directly to Venezuelans.…
November 17, 2020

Bitcoin has hit all-time highs against numerous world currencies

Bitcoin has broken record levels against at least nine world currencies as its U.S. dollar price marches toward $20,000.…
November 15, 2020

Bitcoin payment now accepted for U.S. passport services

Peninsula Visa and Passport services in the U.S. has announced via a press release that Bitcoin payment is now accepted for selected passport services like passport renewals, name changes, and second passports.…
October 8, 2020

DeFi euphoria is dead: Here’s what 2020 holds in store

Today, DeFi is to crypto what oxygen is to humans. Yes, the realm of Decentralized Finance has become so crucial to the cryptocurrency industry that almost every significant development today has DeFi roots.…
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September 30, 2020

Maduro claims crypto will play role in fighting sanctions against Venezuela

Crypto garnered another mention in one of Maduro's bombastic speeches. The president of Venezuela, Nicolas Maduro, says that the country's government is now looking at diverse cryptocurrencies as a potential way of avoiding sanctions.On…
September 29, 2020

Venezuela sees its first Blockstream Bitcoin satellite node

"Users can’t afford to be cut off from the Bitcoin network." A Bitcoin services startup based in South America has just launched the first Bitcoin node connected to the Blockstream satellite network within Venezuela.According…
September 24, 2020

Bitcoin adoption heats up as climate change wreaks havoc worldwide

As the world continues to warm and face the effects of climate change, what does this mean for Bitcoin, blockchain and the world of crypto?…
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September 23, 2020

Crypto mining activities are now regulated by the Venezuelan gov

But there is always a catch when it comes to Maduro’s government. Venezuela's National Superintendency of Crypto Assets and Related Activities, or SUNACRIP, has issued the first decree to officially regulate all crypto mining activities.…
September 23, 2020

Crypto mining is now fully legal in Venezuela

The Venezuelan government has now recognized digital currency mining as a legal activity, and have established a community for the country cryptocurrency miners.…
September 21, 2020

No, you can’t buy Venezuela’s Petro on any overseas exchanges

The Venezuelan government has not yet announced partnerships capable of listing PTR abroad. A New York-based crypto exchange has listed a token with the same name as the Venezuelan state-issued asset, the Petro (PTR).…

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