Tag: venezuela

Altcoin News

US 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...

Altcoin News

Venezuela: 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...

Altcoin News

Venezuela’s Petro to Be Listed on 6 Global Crypto Exchanges, Claims President Maduro

President Nicolas Maduro of Venezuela has announced the official launched the oil-backed cryptocurrency, Petro, in a televised address to the crisis-struck country. Petro, the Oil-Backed...

Altcoin News

Countries Such as North Korea Use Cryptocurrency to Bypass Sanctions, Experts Warn

Bypassing economic sanctions is a difficult task. Various countries are exploring different methods in this regard. It appears Venezuela, Iran, and North Korea show...

Altcoin News

In Venezuela, the Petro Is a No-Show

Reuters searched extensively through Venezuela but found no evidence that the Petro actually exists. The socialist policies of Venezuelan President Nicolás Maduro continue to wreak havoc...

Altcoin News

Petro: Venezuelan President Orders Commercial Banks to Adopt the Cryptocurrency

President Nicolás Maduro of Venezuela has mandated all local banks to accept the country’s national cryptocurrency, Petro, as a unit of account. This move...

Altcoin News

Venezuela’s Petro is Nefast for Cryptocurrency and the Blockhain Industry

Issuing a national cryptocurrency opens up a can of worms. Venezuela is finding this out the hard way. Their Petro cryptocurrency is not gaining...

Altcoin News

Dash CEO: Venezuela Has Become Our Number Two Market Amid the Country’s Hyperinflation

Crypto asset Dash is witnessing a surge of interest from residents in Venezuela as people turn to cryptocurrencies as a way of storing value amid...

Altcoin News

Cybercrime Center in UK Urges Crypto Enthusiasts to Beware of Fraud

Even though the price of Bitcoin is nowhere near it’s December 2017 numbers, interest in the crypto industry is still high, for both fans...

Bitcoin Mining

Venezuela: Bitcoin Price Continues to Skyrocket as Country Crumbles

The price of Bitcoin is continuing to skyrocket in Venezuela due to the country's crumbling economy and infrastructure. To say that there's a humanitarian crisis...

Bitcoin News

First Home to Accept Bitcoin in Delaware Sells for $1.75 Million

A property in Delaware, which was the first in the state to accept Bitcoin as a payment option, has been sold for a cool...

Altcoin News

Venezuela to Use Petro to Finance Home Building

The President of Venezuela has approved the use of the country's cryptocurrency, the Petro, to be used to finance the building of new homes in...

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Tag: venezuela