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Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to 'Inconsistencies' in Transport Documents

Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents

The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been...
Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments

Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments

Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced...
Venezuelan President Maduro Promises 2021 Will Be the Year to Boost Usage of Petro

Venezuelan President Maduro Promises 2021 Will Be the Year to Boost Usage of Petro

The Venezuelan president, Nicolás Maduro, has claimed that 2021 will be the year of the state-backed petro (PTR) token. He also promised to boost...
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...