Search results for venezuela

Sort: By relevance / By date
Jan 14, 2019 at 13:43
Venezuela Seeks Intervention by World Trade Organization Regarding U.S Sanctions on Petro
Venezuela officially launched a complaint with the World Trade Organisation (WTO) on Tuesday, January 8, 2019, arguing that the current United States (U.S) sanctions on the nation violate a series of WTO rules and regulations.
Sep 20, 2018 at 13:03
Venezuela Set to Launch Petro-Pegged Fiat Currency in October
Venezuela, a nation fighting one of the largest economic recessions, is ready to launch a fresh fiat currency linked to its oil-backed 'petro' virtual currency in October, according to what President Nicolas Maduro has said.
Aug 17, 2018 at 12:31
Venezuela Considering Launch of Central Bank for Cryptos, Constitutional Amendment Underway
Venezuela, a country in South America, is supposedly considering the launch of a central bank for cryptos, with the country's National Constituent Assembly working to amend the national constitution to include it, together with a court above its Supreme Court.
Jul 07, 2018 at 10:36
Venezuela Will Finance Construction Of Villas For All Homeless Using The Oil-backed Crypto, Petro
lldemaro Villarroel, minister for Habitat and Housing, disclosed that the government of Venezuela is preparing to use its oil-backed crypto, the Petro, in order to finance the construction of villas.
May 01, 2018 at 13:39
16 Cryptocurrency Exchanges have Obtained a License in Venezuela
As the pre-sale period for the country’s digital currency Petro finished, the President of Venezuela, Nicolas Maduro has announced the project collected more than 3 billion dollars. He has also certified 16 crypto exchanges, hoping they will add the Petro to their trading lists.
Mar 22, 2018 at 12:20
Venezuelan Cryptocurrency Petro Banned by Trump Executive Order
On Monday, March 20, the White House released a new cryptocurrency trading ban, signed by the President of the United States, Donald Trump, on the Venezuelan state-issued digital currency, the Petro. The document includes a list of sanctions against Venezuela that are presently active.
Jan 10, 2018 at 18:01
Government-Backed Cryptocurrency in Venezuela: An Innovation or a Fake?
Venezuela plans on issuing a government-backed cryptocurrency called “petro”. The currency will be the first digital money actually backed by resources such as gold, oil, gas or diamonds.
Feb 09, 2017 at 18:25
Bitcoin Miners Steal Electricity in Venezuela
Four people have been arrested in Venezuela for using the country’s electricity illegally by mining Bitcoins. Bitcoin mining is a very power-intensive activity consuming many units of electricity a day. Implying that if unpaid electricity is used, within just a few weeks, millions of dollars in power revenue could be lost.
Dec 31, 2016 at 11:55
Venezuelan Travel Agency Only Accepts Bitcoin Due to Hyperinflation
Venezuela has an unstable economy and its currency has been hit by inflation beyond 1000%. Destinia, a Venezuelan online travel agency, will now only accept Bitcoin for payment for its services citing “increasing restrictions” and economic woes in the country.
1 2 ... 6