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Venezuela's Asonacrip: Bitcoin Bull Run Could Help Boost Usability of Cryptos Such as Petro

Venezuela’s Asonacrip: Bitcoin Bull Run Could Help Boost Usability of Cryptos Such as Petro

The president of the National Association of Cryptocurrencies of Venezuela (Asonacrip) praised the recent bull run seen in bitcoin's prices across the board, which...
Millions of Venezuelans Casted Votes via Blockchain in an Unofficial Anti-Maduro Referendum

Millions of Venezuelans Voted via Blockchain in an Unofficial Anti-Maduro Referendum

An unofficial referendum pursued by the Venezuelan opposition leader Juan Guaidó took place over the weekend in Venezuela powered by a blockchain platform, while...

P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume

A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures...
Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners

Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners

The National Superintendency of Crypto Assets (Sunacrip) and the National Electricity Corporation of Venezuela (Corpoelec) signed an agreement to establish guidelines to “improve the...
Venezuelan Crypto-Friendly Freelancing Platform Emerges Amid Economic Crisis, US Sanctions

Venezuelan Crypto-Friendly Freelancing Platform Emerges Amid Economic Crisis, US Sanctions

More cryptocurrency solutions keep appearing on the scene for Venezuelan residents as U.S. sanctions weigh on Nicolás Maduro’s government, including heavy restrictions on the...
Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions

Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions

Venezuela is reportedly paying companies in allied countries, including Iran and Turkey, with bitcoin to mitigate the effects of U.S. sanctions on its economy....
Venezuelan Army Starts Mining Bitcoin for 'Unblockable Income'

Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’

The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating "unblockable income," as the country attempts to bypass...
All Pizza Hut Locations Accept Cryptocurrencies in Venezuela

All Pizza Hut Locations Accept Cryptocurrencies in Venezuela

All Pizza Hut locations in Venezuela now accept a broad range of cryptocurrencies, including bitcoin, via the payment platform Cryptobuyer. Pizza Hut joins Burger...

Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners

Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come...
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform

Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform

Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria's Cryptocurrency Remittance Platform. In an update, authorities in the country say this...