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Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products
28.8.2019
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across...
Venezuela: Gov’t Crypto-remittance Platform Opens as Crypto-pay Booms
28.8.2019
Cryptocurrencies are once again making the headlines in Venezuela – with a chain of pharmacies set to accept crypto pay, a government-run crypto-remittance platform now “fully operational” and a crypto-friendly department store claiming crypto pay success.
As previously reported, Venezuela’s...
Venezuela’s Leading Pharmacy Chain to Accept Payments in Crypto
28.8.2019
If you are a Venezuelan crypto enthusiast, you will be delighted with this new wave of crypto adoption in the country. According to the latest reports, a prominent pharmacy chain of Venezuela is now going to begin accepting cryptocurrency payments. The crypto to be accepted by the pharmacy...
Venezuelan Official Says Remittance Platform for Petro is Ready to Use
28.8.2019
A Venezuelan crypto official encourages citizens to use a Petro-friendly remittances platform
Venezuelan Pharmacy Chain to Accept Cryptocurrency Payments
27.8.2019
The retail pharmacy chain has 22 locations that will be equipped with dash-enabled payment systems
Blockchain-Backed Cash Registers in 49 Retail Stores in Venezuela by Pundi X
23.8.2019
Now we will get to see blockchain-backed cash registers in Venezuela. As per sources, Venezuela’s largest department store will launch this in its forty-nine retail outlets in the country. The news was announced by the department store’s operator- Traki. Further, these blockchain-backed cash...
Pundi X Expands Crypto Payments to Venezuelan Department Store Chain
23.8.2019
Venezuelan department store chain Traki to use Pundi X’s XPOS processors to offer crypto payments
PundiX’s Crypto Cash Registers Will Be Installed in 49 Retail Stores Across Venezuela
22.8.2019
Traki department stores will integrate Pundi X’s point-of-sale device, XPOS, to offer a cryptocurrency payment rail for shoppers
Pundi X Strikes Deal in Venezuela, Mobile Operator Embraces Crypto Pay
21.8.2019
Another two announcements just showed how crypto adoption is growing. This time, the news came from Austria and Venezuela.
One of Austria’s biggest mobile network operators, A1, is to accept in-store payments in six popular cryptocurrencies including Bitcoin at selected stores – with a view...
Crypto, Blockchain Progress Continues in Argentina, Venezuela, Ecuador
15.8.2019
Source: iStock/Anson_iStock
Cryptocurrency prices may be falling, but Bitcoin, altcoins and blockchain technology are still trying to gather momentum in Latin America.
Reports from Argentina continue to claim that citizens are flocking to bitcoin as an alternative to the fast-depreciating peso –...
Despite CEO Claims, Dash Isn’t Really the ‘Most Used’ Crypto in Venezuela
14.8.2019
Despite wide-spread efforts and expensive advertising, Dash isn't taking off in Caracas
Venezuela National Lottery will Reward the Winners in BTC and Country’s Native Crypto- Petro
13.8.2019
The crypto is enjoying special attention in South America. The people from Argentina are paying a premium for cryptos. On the other hand, there are crypto prizes being offered in the Venezuelan national lottery. The interest in the cryptos is getting stronger, especially when the election’s results...
US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela
6.8.2019
In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets
Crypto in Venezuela: Daily Usage and 'Seamless' Bitcoin Transactions
29.7.2019
Though she doesn’t know how many people use cryptocurrency in Venezuela exactly, those who do use it, go through a seamless process, according to Jill Carlson, co-founder of the research-oriented, non-profit organization Open Money Initiative.
Carlson herself got interested in cryptocurrency...
Florida-based Firm ‘Letting Venezuela Dodge US Sanctions with Bitcoin’
26.7.2019
Venezuela is reportedly using cryptocurrencies like bitcoin to sidestep American sanctions using a Florida-based company – while the country’s financial regulator has green-lighted wide-reaching crypto pay measures for its own Petro token.
Per a report published earlier this week by Spain’s...
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
25.7.2019
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 reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....
Venezuela Turned Airport Taxes Into Bitcoin to Avoid Sanctions: Report
25.7.2019
Venezuelan President Nicolás Maduro and his administration are said to be using proceeds from the airline industry – and cryptocurrency – to avoid sanctions
Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels
18.7.2019
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner,...
Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
17.7.2019
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency...
Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity
14.7.2019
Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines...