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Altcoin News
Workers in New Zealand Set to Earn Paychecks in Bitcoin
New Zealand is now making it legal for workers to garner their paychecks in bitcoin, but there are several problems with this plan. New Zealand Only Thinks It’s Leading a...
Tag: Petro
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Altcoin NewsIs Venezuela Trying to Intimdate Bitcoin Miners?
Venezuela has had something of a controversial history with cryptocurrencies. While the digital assets have grown in popularity over the years, they have come with their fair share of problems....
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Altcoin NewsVenezuela’s Central Bank Now Required to Sell Petro
The president of Venezuela, Nicolas Maduro, has ordered the nation’s central bank, Banco de Venezuela, to begin selling the Petro as a means of pushing the cryptocurrency towards becoming a...
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Altcoin NewsCan Brazil Handle A Crypto Regulatory Framework?
It appears cryptocurrency regulation is heading to Brazil. Brazilians Love Their Crypto South America has proven to be a popular haven for most forms of cryptocurrency. In Venezuela, for example,...
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NewsCoinbase Offers Venezuelans Crypto for Christmas
Popular U.S. cryptocurrency exchange Coinbase is showing its charitable side by donating cryptocurrency to over 300 people in Venezuela. Tis the Season for Crypto To get ready for the holiday...
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Altcoin NewsVenezuela President Increases Petro Value by 150 Percent
President Nicolás Maduro of Venezuela recently assigned a new value for the Petro – the country’s controversial state-issued cryptocurrency. The Venezuelan leader also announced a minimum wage increase as part...
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Altcoin NewsVenezuela to Use the Petro Cryptocurrency in International Petroleum Trade
Venezuela’s government plans to present its national cryptocurrency, the Petro, as a unit of account for international crude oil trade to the Organization of Petroleum Exporting Countries (OPEC). The move...
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Altcoin NewsUS Congress on Slippery Slope as it Seeks to Outlaw Venezuela’s Petro Cryptocurrency?
Venezuela’s national cryptocurrency venture continues to generate media buzz. The Petro is designed to bypass existing sanctions and embargoes imposed upon the country. US Congress members are not amused by...
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Altcoin NewsVenezuela: Government Enforces Payment for Passport with State-Backed Petro
Amidst a deepening economic and social crisis and a mass exodus of its citizens, Venezuela enforces payment for the passport by the state-backed cryptocurrency Petro. “Pay by Petro” Says the...