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Mar 27, 2019 at 10:35
Political Turmoil Sees Venezuelans Store Wealth in Crypto
The Bolivarian Republic of Venezuela, one of the most oil-rich countries in South America and the world at large, is still experiencing political instabilities and this has led its economy to stagnate. The traditional (fiat) currency bolivar has lost value due to the hyperinflation that hit the country, this has forced its citizens to massively store their wealth in crypto currencies such as petro, Bitcoin, Ethereum, Ripple and others.
Feb 15, 2019 at 18:21
Cryptocurrency Payments in Venezuela Subject to 15% Commission
The authority responsible for the regulation of the blockchain and cryptocurrency industry, known as the National Superintendence of Cryptos Related Activities of Venezuela, SUNACRIP, recently released regulations dealing with the sending and receiving of remittances in digital currency friendly nations within the South American continent. The authoritative instrument was publicly published in the Official Gazette 41,581 on Feb 7 this year, DiarioBitcoin reports.
Oct 12, 2018 at 15:39
Crypto Exchange CoinCola Announces Partnership with Dash – Launches in Venezuela
Hong Kong-based cryptocurrency exchange CoinCola has chosen Venezuela as their first new market. Best known for its peer-to-peer OTC cryptocurrency platform, CoinCola allows traders to buy and sell bitcoin using their local fiat currency.
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.
May 02, 2018 at 17:50
Video Digest, May 2: Iran to Create Cryptocurrency, Mastercard to Sync Blockchain, Abu Dhabi Suggests New Regulatory Framework, Venezuela Licensed 16 Crypto Exchanges
Burning topics of today: Iran to Create Its Own Cryptocurrency, Mastercard to Sync Blockchain Data by a Fast Track Method, Abu Dhabi Suggests New Regulatory Framework for Cryptocurrency Exchanges, and Venezuela Licensed 16 Crypto Exchanges
Apr 10, 2018 at 12:03
Video Digest, April 10: Antigua and Barbuda to Launch Crypto Exchange, Russia Accepts Petro
- Antigua and Barbuda to Launch a Cryptocurrency Exchange
- Russia Accepts Payment for Goods from Venezuela in Petro Coin
Apr 09, 2018 at 16:09
Russia Accepts Payment for Goods from Venezuela in National Cryptocurrency
Venezuela will pay the Russian Federation for providing automotive parts in its own digital currency, the Petro, according to the Venezuelan minister of foreign trade. Probably, the relations between two countries will not be limited to just auto parts trading.
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.
Nov 26, 2016 at 11:47
Venezuelan Dealer Trading Mercedes-Benz Cars Worldwide For Bitcoin
Retailers in countries experiencing currency devaluation and cash scarcity are forced to conquer the markets of other countries, using Bitcoin for selling local goods that are ready for shipping worldwide. A reseller of Mercedes-Benz from Venezuela began this practice too and tells his story to CoinIdol.com News Outlet.
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