Venezuela

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.

By Daniel PalmerOct 8, 2018

A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.

By Stan HigginsOct 5, 2018

Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.

By Wolfie ZhaoSep 21, 2018

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.

Peer-to-peer cryptocurrency exchange AirTM has raised $7 million it says it will use to expand in troubled Latin American economies.

By Nikhilesh DeAug 29, 2018

Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account.

By Anna BaydakovaAug 28, 2018

Few cryptocurrency projects are evangelizing in emerging markets as aggressively as dash, giving $2.3 million to communities in the developing world.

By Leigh CuenAug 23, 2018

Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president.

By Anna BaydakovaAug 14, 2018

Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.

By Daniel PalmerJul 26, 2018

Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.

By Leigh CuenJul 18, 2018

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