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Venezuela's Central Bank Indicates Plans to Stockpile Bitcoin

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin

Various reports reveal Venezuela's central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company...
Venezuelans Don't Trust Their Currency - They Want Something Else, Says Activist

Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money

There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the...
Venezuelans Fighting Economic Hardships Discover Crypto's True Potential

Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential

For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to...
Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Products and Medicine

Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products

On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda...
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions

Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local...

Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda...

Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up

Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives...
Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation

Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation

Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the...
Hotels and Realtors in Venezuela’s Historic Cumaná City Accept Bitcoin Cash

Hotels and Realtors in Venezuela’s Historic Cumaná City Accept Bitcoin Cash

For years Venezuelans have been surviving the harsh economic climate of their country, beset by hyperinflation and political instability. Small businesses have been hit...
Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of...