Tag: venezuela

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Altcoin News

Venezuela to use Petro Sale Proceeds to Build 3 Million Housing Units

Venezuela's national cryptocurrency has been pretty controversial. Most people assume it is not a currency that will gain traction whatsoever. If President Maduro is...
Altcoin News

Venezuela Has Another New Currency Issued by the City of Eloza

Things continue to get very interesting in Venezuela as of right now. While the country has its own national cryptocurrency, not everyone will benefit...
Altcoin News

Venezuela Wants a Separate Ethereum Token Presale Before Petro Launch

It seems more controversy regarding Venezuela's Petro looms on the horizon. With the whitepaper for this currency now public, there are a lot of...
Altcoin News

The Future of Venezuela’s Petro Currency Remains Unclear

Venezuela has big plans for the Petro cryptocurrency. Backed by natural oil reserves, this new form of money can solve a lot of ongoing...
Bitcoin Mining

Venezuela Notes Major Increase in Bitcoin and Ethereum Mining

Mining Bitcoin and other cryptocurrencies in Venezuela is still pretty difficult. More specifically, the local government isn't too keen on this concept by any...
Bitcoin Mining

Venezuelan Bitcoin Miners Start Shutting Down Operations Amid Government Crackdown

Being a bitcoin miner living in Venezuela is anything but a fun experience right now. A lot of miners are genuinely afraid of getting...
Bitcoin News

Venezuela Delays 100-Bolivar Cash Swap, Bitcoin Demand Keeps Growing

It was only to be expected the Venezuelan government had to do something before a national cash shortage would get out of hand. Now...
Bitcoin News

Venezuelan Government Fails To Provide New Bolivar Bills Amid Growing Financial Crisis

Not too long ago, the financial crisis in Venezuela took a major turn for the worse. Banknotes have to be replaced with higher denominations,...
Bitcoin News

Venezuelan Central Bank Will Print 20,000 Bolivar Notes Soon

The financial situation in Venezuela seems to go from bad to even worse, albeit most people thought that would not be possible. Venezuela’s central...
Bitcoin News

Plunging Bolivar Can Drive Venezuela’s Non-saving Culture Into Bitcoin’s Arms

Living in Venezuela is becoming a far less fun experience every single day. With the national currency declining in value more quickly than it...
Bitcoin News

Bitcoin Mining Remains Best Use Case For Electricity in Venezuela

Bitcoin mining can be quite the profitable business in countries such as Venezuela. Despite the allure this concept may have, it is not a...
Blogs

Bitcoin Volume in Venezuela Surges; Response to Financial Instability

The authorities of Venezuela have established a set of ambiguous regulatory frameworks that significantly reduced the circulation of foreign currencies in the local black...
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