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Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
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 told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
Venezuela Tells Citizens in Gov’t Houses to Stop Mining Crypto
18.7.2020
The Venezuelan government is set to ban crypto mining in government-provided housing, per an official announcement.
The announcement was made in a video tweeted by state-owned television station VTV Canal 8.
In the video, Ildemaro Villarroel, the Minister of Housing, stated that the central...
Venezuela Bans Crypto Mining From Public Housing
17.7.2020
Crypto mining can harm the country’s electricity distribution, says a Venezuelan minister
A Rare Glimpse Into How Crypto Is Really Used in Venezuela
10.7.2020
After airdropping cryptocurrency to 60,000 users in Venezuela, AirTM survey results suggest how crypto is really used in the economically troubled nation
Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion
9.7.2020
The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
Venezuelan Authorities Seize Over 300 Bitcoin Mining Machines
8.7.2020
Venezuelan authorities confiscated 315 Bitcoin mining systems
Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies
5.7.2020
The Nation of Cuba is dealing with a national food crisis, as Venezuela has stopped offering aid to the small island nation. Moreover, the coronavirus outbreak has caused a shortage of cash couriers called “mules” and everyday items are becoming scarcer. Amid the crisis, a number...
UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold
3.7.2020
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 has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from accessing the much-needed gold. England Denies Maduro Access...
Venezuela's Madura Shafted From Gold Storage, Self-Sovereign BTC Shines
2.7.2020
Venezuela’s Maduro just lost a ruling regarding his supposed gold ownership
Max Keiser: US Hash Rate War With Iran Can Send Bitcoin Price to $500K
30.6.2020
The “Mona Lisa of the 21st century” will come of age as Trump competes with Maduro and Ayatollah Khomeini for Bitcoin hash rate, Keiser says
Online Data Analysis Points to Venezuela Accepting BTC for Passports
26.6.2020
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 bitcoin payments for passport applications and renewals. A number of crypto journalists couldn’t confirm...
BTC Payments Reportedly Now Disabled for Venezuelan Passport Purchases
25.6.2020
Bitcoin’s payments for Venezuelan passport applications disabled “temporarily” without official explanation
Some Venezuelans May Be Able to Pay for New Passports Using Bitcoin
24.6.2020
Venezuela’s government reportedly accepts Bitcoin as a payment method for some passport applications
Virtual Panda BTM Launched for Colombian Residents: Dispenses BTC, BCH, DAI, and Dash
16.6.2020
The CEO of Panda Group and the founder of Colombia’s Panda Exchange and physical Panda BTM terminals, Arley Lozano, recently revealed a new product called app.pandabtm.io. The new service is a virtual automated teller machine that dispenses four types of cryptocurrencies; bitcoin cash (BCH)...
Venezuela Is a Testing Ground for Digital Dollarization (and Zelle Doesn’t Like It)
16.6.2020
With their economy crumbling from hyperinflation, Venezuelans are finding new workarounds to get hold of digital dollars
BRD's CEO Dismissed Crypto Until Overhearing Andreessen Horowitz Execs
14.6.2020
BRD CEO Adam Traidman was won over by Bitcoin after overhearing a conversation at Andreessen Horowitz
Venezuelan Petro Payments May Be on the Rise
12.6.2020
The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token
United States Sets New Record for P2P Bitcoin Trading
11.6.2020
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful
Dash Sees 100% Rise in Commercial Payments Through Latin American Partnerships
9.6.2020
Dash has announced a 104% rise in commercial payments through Q1 2020, along with increased adoption, trading volume and price performance