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Crypto ATM Company Bitbase Prepares to Open Operations in Venezuela This Year
29.8.2022
Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company is now looking for employees for the stores and crypto ATMs that will be opened. Bitbase would be one of the first international exchanges to open an office...
Preserve Childhood With Love: CoinEx Charity Delivers Warmth to Sick Children in Venezuela
29.8.2022
On August 19, a group of loving volunteers visited Hospital Universitario Antonio Patricio de Alcalá (HUAPA) in Cumaná, Venezuela. Wearing costumes and acting as cartoon characters such as Spider-Man and Elsa popular with children, they shuttled between pediatric wards while carrying...
Venezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises
26.8.2022
The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching 8.70 bolivars per U.S. dollar. According to economists, this will cause an increase in prices in the near future...
Brazilian Voting Authority Might Include Blockchain Tech in Future Elections
9.8.2022
The Brazilian voting authority (TSE), has publicly declared it is studying blockchain as a technology that might help the organization in its task of organizing ballots. Celio Castro Wermerlinger, coordinator of modernization of the institution, stated that this decentralized ledger tech...
The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido
31.7.2022
Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the Central bank of Venezuela designated by opposition leader Juan Guaido. The management of this gold stash, which is comprised...
Bitcoin is for billions: Fedimint on scaling BTC in the global south
19.7.2022
A community custody protocol, Fedimint wants to scale the Bitcoin network to a billion users located in the global south
Spanish Crypto Exchange Bitbase Expands to Latam
15.7.2022
Bitbase, a Spanish cryptocurrency exchange and crypto ATM operator, has announced its expansion to Latam with the establishment of a store in Paraguay. The company, which had previously opened a store in Portugal, is now bringing its operations to several locations in Paraguay, having its sights...
Brazil beams Bitcoin from space: A case for BTC satellite nodes
13.7.2022
Bitcoin’s blast off to becoming “space money” takes one giant leap with a satellite full node in Brazil
Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’
11.7.2022
A Venezuelan police agency says it has caught criminals who have allegedly stolen cryptoassets from pensioners by misusing the Patria crypto remittance platform....
Read More: Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’
UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption
11.7.2022
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300%...
Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela
2.7.2022
Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil,...
Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions
24.6.2022
Uphold, a New York-based cryptocurrency exchange, has announced it is closing its operations in Venezuelan markets. The company, which has already had problems with users in the country in the past — shutting down accounts and requiring KYC controls that some users deemed excessive —...
Uphold withdraws with Venezuela, citing US sanctions
23.6.2022
The platform advised users to withdraw funds quickly, noting it would halt trading for Venezuela-based clients on July 31, with all accounts “fully restricted” beginning Sept. 30
Plataforma de trading cripto Uphold se retira de Venezuela por sanciones de EE. UU.
23.6.2022
El servicio de trading en el país estará disponible hasta el 31 de julio, y las cuentas estarán totalmente restringidas a partir del 30 de septiembre
Voyager Limited, Binance Scores Ronaldo, New Bitcoin Bridge, 'Brutal' Singapore + More News
23.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Voyager Limited, Binance Scores Ronaldo, New Bitcoin Bridge, 'Brutal' Singapore + More News
Crypto Trading Platform Uphold Exits Venezuela, Cites US Sanctions
23.6.2022
The company said it made the decision because of the “increasing complexity of complying” with penalties imposed by the U.S
Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges
3.6.2022
Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
9.5.2022
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation....
Venezuela’s Sunacrip Launches Petro-Based Gift Card Market and Exchange
26.3.2022
Sunacrip, the Venezuelan cryptocurrency watchdog, has announced a set of improvements to its Petroapp wallet, allowing Venezuelans to use the petro (PTR) for new functions. The app now has an embedded cryptocurrency exchange that allows users to exchange petros for other currencies, and a series...
Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree
20.3.2022
The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat...