Tag: venezuela
Officials in Venezuela Cause Problems for two Local Cryptocurrency Exchanges
Venezuela is a country plagued by financial instability. The local government is making things better by cracking down on cryptocurrency activity. Two specific exchanges are…
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 to…
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 from…
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 mixed…
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 issues.…
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 means.…
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 arrested,…
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 that…
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, and…
