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Jan 23, 2019

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Venezuela President Raises Petro's Value Again in Move to Create 'New System'

Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

For the second time in a little over a month, Venezuela's president Nicolas Maduro has hiked up the value of the national cryptocurrency, the...

Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards...
Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption

Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption

In the midst of a severe economic depression and the devaluation of the Venezuelan bolívar, bitcoin cash (BCH) supporters have been teaching people about...

Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the...
Venezuela Decrees Crypto Operators to Pay Taxes in Cryptocurrencies

Venezuela Decrees Crypto Operators Must Pay Taxes in Cryptocurrencies

The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of...
Venezuela Wants to Finance Large Housing Program With Petro

Venezuela Wants to Use Petro to Finance Large Housing Program

Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital...

Indian Crypto Exchange in 45 Countries Sees Strong Demand in Venezuela

An Indian cryptocurrency exchange, which is now live in 45 countries, reports that it is "seeing immense enthusiasm and buyer activity in Venezuela," a...
Fundraiser Aims to Raise $1M in Cryptocurrencies for Venezuelans

Fundraiser Aims to Raise $1M in Cryptocurrencies for Venezuelans

A cryptocurrency "airdrop" fundraiser has been launched to help Venezuelans. People are donating funds via a number of different coins to the citizens of...
Venezuela Orders Government Services to Accept Any Cryptocurrency

Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value

Venezuelan President Nicolas Maduro's move to increase the price of the petro, the country’s oil-backed cryptocurrency, has sparked intense debate. Experts and tech-savvy Venezuelans...
Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double

Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double

Venezuela’s President Nicolas Maduro has announced that the price of the petro, his country's national "cryptocurrency," has been increased from 3,600 sovereign bolivars to...