Venezuela


Mercados

Venezuelan Economist: Cryptocurrency Is 'Good' Money, Bolivars Are Not

The adoption of cryptocurrencies in Venezuela could contribute to economic recovery, argues one local economist.

olmos

Mercados

Bolivars to Bitcoin: Activists Take Down Venezuela's Maduro in Crypto Art Exhibit

As the situation in Venezuela continues to escalate, artist cryptograffiti, crypto exchange AirTM and merchant services provider Cripto Conserje have teamed up for an all-day fundraiser to tear down – in whatever way they can – Maduro's regime.

maduro, cryptograffitti

Mercados

Venezuela's Crypto Exchanges, Miners Must Register Under New Rules

Venezuela has activated new regulations for crypto service providers in the country, including exchange platforms and miners.

President Nicolas Maduro

Mercados

Bitcoin ATM Startups Say They're Booming, Thanks in Part to Venezuela

Bitcoin ATM usage is surging, especially in Latin America, where Venezuelan refugees and others are seeking ad hoc banking solutions.

Bitcoin ATM

Mercados

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency 'Discriminatory'

Venezuela has filed a complaint against the U.S. with the World Trade Organization, highlighting sanctions against the petro as one issue.

Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.

Mercados

Venezuela Isn't the Crypto Use Case You Want It to Be

Cryptocurrency enthusiasts love to talk about Venezuelan users as an example of bitcoin's subversive potential – but the reality is more complex.

Venezuela

Mercados

Report: Venezuela Is Forcibly Converting Pension Balances to the Petro

Venezuela has reportedly begun automatically converting residents' pensions into its controversial cryptocurrency.

petro

Mercados

Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro

Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.

Petro maduro

Mercados

This Bitcoin Skeptic Wants to Make 'Stable' Cryptos for Venezuela

Economist Steve Hanke has joined the board of the P2P cryptocurrency exchange AirTM and will guide its Latin American expansion, including a new system for price-stable assets he will design.

Economist Steve Hanke

Mercados

Venezuela to Present Petro at OPEC as the 'Digital Currency for Oil'

Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro.

oil drums