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Venezuela Bans Bitcoin Mining Operations in the Country's Public Housing Sector

Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector

According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel...
Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion

Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion

The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although...
UK Court Denies Maduro Access to $1 Billion of Venezuela's Gold Stored at Bank of England

UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold

The UK is denying Nicolas Maduro access to Venezuela's gold worth about $1 billion, stored at the Bank of England. The UK High Court...
Online Data Analysis Points to Venezuela Accepting BTC for Passports

Online Data Analysis Points to Venezuela Accepting BTC for Passports

During the last week, a number of bitcoiners have been discussing Venezuela’s Administrative Service for Identification, Migration, and Foreigners, also known as SAIME accepting...

US Law Enforcement Promises $5M for the Capture of Venezuela’s Superintendent of Cryptocurrencies

U.S. Immigration and Customs Enforcement’s (ICE) and Homeland Security Investigations (HSI), has put out a bounty for $5 million for the arrest and conviction...
Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling...
Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela

Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela

Venezuela's President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their...
$15 Million Reward on Maduro: US Charges Venezuelan President With Narco-Terrorism, Corruption, Drug Trafficking

$15 Million Bounty on Maduro: US Charges Venezuelan President With Narco-Terrorism and Drug Trafficking

The U.S. has charged 14 high-ranking officials of the Venezuelan government, including President Nicolas Maduro, with "narco-terrorism, corruption, drug trafficking and other criminal charges."...
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare

Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare

In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate...
Problems Escalate in Venezuela as Millions Rush to Spend Petros

Problems Escalate in Venezuela as Millions Rush to Spend Petros

According to the Venezuelan government, millions of families have used the petro, the country's national digital currency, to pay for goods and services. As...