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Bitcoin Volumes in Venezuela Plummet During Nationwide Blackout

Bitcoin Volumes in Venezuela Plummet During Nationwide Blackout

Venezuelans are having a difficult time as the country’s power grid shut off on March 7, leaving the majority of Venezuelan states with no...
P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade....
Venezuelan Government Launches Cryptocurrency Remittance Service

Venezuelan Government Launches Crypto Remittance Service

The government of Venezuela has begun offering a cryptocurrency remittance service. Remittances can be sent using two types of cryptocurrency. The service was launched...
Maduro's Petro Becomes More Accessible, but Scrutinized by Venezuelans

Maduro’s Petro Becomes More Accessible, but Scrutinized by Venezuelans

For a while now people were skeptical about the Petro network and questioned whether or not it even existed. Many Venezuelan citizens explained over...
Venezuelan Explains How Bitcoin Saves His Family

Venezuelan Explains How Bitcoin Saves His Family

As the situation in Venezuela intensifies, a local bitcoin user details how he and his family use the cryptocurrency to survive the country’s ongoing...
Venezuela’s BTC Trading Volumes Hit Record Highs as Crypto Regulations Commence

Venezuela’s Volumes Hit Record Highs as Crypto Regulations Commence

As Venezuela begins regulating cryptocurrency, BTC trading volumes in the country hit record highs on several exchanges. Amid fast-growing crypto adoption, peer-to-peer trading platforms...
Venezuelan Nonprofit Eatbch Celebrates First Anniversary in the Midst of Hyper-Inflation

Venezuelan Nonprofit Eatbch Celebrates First Anniversary Amidst Hyperinflation

On Sunday, Feb. 10, the creators of the charitable organization Eatbch, a nonprofit food drive powered by bitcoin cash, celebrated its one-year anniversary. Eatbch...
Venezuela Starts Regulating Cryptocurrency Remittances

Venezuela Starts Regulating and Taxing Crypto Remittances

The Venezuelan government has begun regulating cryptocurrency remittances. The regulator has set a monthly limit and will be collecting commissions of up to 15...
The Daily: Turbo Tax With Crypto Section, Venezuela With Localbitcoins Record

The Daily: Turbo Tax Adds Crypto Section, Venezuela’s Localbitcoins Record

In this edition of The Daily, tax filing software Turbo Tax has integrated a feature that allows crypto investors to report their capital gains...
Venezuela’s New Cryptocurrency Rules Enter Into Force

Venezuela’s New Crypto Rules Enter Into Force

The decree establishing a legal framework for cryptocurrencies in Venezuela has entered into force. It contains 63 articles including rules for the purchase, sale,...