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Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
2.11.2020
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form. Many citizens of hyperinflation...
Venezuela Expands Scope of its Remittance Platform With Bitcoin & Litecoin
30.10.2020
The Venezuelan government is set to overhaul its crypto-compatible remittances platform Patria – allowing full operability with bitcoin (BTC) and litecoin (LTC) wallets.
The platform allows individuals based overseas to send remittances to family and friends based in Venezuela – and also enables...
8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
23.10.2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency....
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
6.10.2020
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
3.10.2020
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means...
Venezuela Rolls Out Ethereum-Based Stock Exchange to Help Skirt US Sanctions
2.10.2020
The blockchain-based exchange comes as part of new measures announced by President Nicolas Maduro in a big to sidestep tough U.S. sanctions
Venezuela trials ‘decentralized stock exchange’ open to the world
2.10.2020
Venezuela has announced a 90-day trial for a decentralized stock exchange supporting “alternative digital assets” and fiat currencies
Venezuela Wants to get into DeFi with Ethereum-powered Stock Exchange
2.10.2020
Not content with its plans to use bitcoin (BTC), altcoins and its own state-issued petro (PTR) coin in international trade deals, the Nicolás Maduro-fronted government of Venezuela now appears ready to take the plunge into the world of DeFi. Well, sort of.
The Venezuelan National Superintendency...
Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions
1.10.2020
Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions. Speaking in the country’s parliament on Sept. 29, Maduro revealed that the move will “give...
Maduro claims crypto will play role in fighting sanctions against Venezuela
30.9.2020
Crypto garnered another mention in one of Maduro's bombastic speeches
Blockstream launches first Bitcoin satellite node in Venezuela
29.9.2020
"Users can’t afford to be cut off from the Bitcoin network."
CoinDesk Reporters Discuss FinCEN Files, Venezuela’s Stablecoin Flop and More
24.9.2020
From the CoinDesk Global Macro news desk, this is Borderless - A twice-monthly roundup of the most important stories impacting bitcoin and the crypto sector from around the world
Bitcoin adoption heats up as climate change wreaks havoc worldwide
24.9.2020
As the world continues to warm and face the effects of climate change, what does this mean for Bitcoin, blockchain and the world of crypto?
Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool
24.9.2020
Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other...
Crypto mining activities are now regulated by the Venezuelan gov
23.9.2020
But there is always a catch when it comes to Maduro’s government
Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool
23.9.2020
The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control
Bitcoin Mining Legalized in Venezuela, Miners Must Join ‘National Pool’
23.9.2020
The government of Venezuela said that it has legalized bitcoin (BTC) and altcoin mining – but added that miners will have to obtain licenses and agree to be supervised by regulators.
According to media outlet Criptonoticias, the government has issued an official decree stating that all crypto...
No, you can’t buy Venezuela’s Petro on any overseas exchanges
21.9.2020
The Venezuelan government has not yet announced partnerships capable of listing PTR abroad
Here in Venezuela, Doctors Struggle to Access Aid From Crypto Platform
21.9.2020
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult
Crypto P2P Exchange LocalBitcoins: We Have No Plans to Exit Venezuela
17.9.2020
Peer-to-peer (P2P) crypto marketplace LocalBitcoins said it has “no plans” to leave Venezuela – despite the United States Treasury-endorsed sanctions that have already forced one of its rivals to close down its operations in the South American nation.
As previously reported, the Office of Foreign...