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EToro’s Crypto Exchange EToroX Lists Dash and Seven Stablecoins
13.11.2019
The president of Venezuela, Nicolas Maduro, is not as pro-crypto as he seems. He just wants to seize the opportunity to promote Petro and deal with hyperinflation
Trezor Denies Links to Venezuela after Maduro Endorsement
8.11.2019
SatoshiLabs, the manufacturer of the Trezor hardware wallet, has moved to distance itself from a somewhat unexpected endorsement from Venezuelan president Nicolás Maduro.
Around 18 minutes into an hour-long state TV segment on cryptocurrencies that was also shared on the president's Facebook page...
Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV
7.11.2019
Trezor launches an investigation into the allegedly unlicensed Trezor representatives appearing on Venezuelan national TV
Maduro OKs Petro-to-Fiat Trades, Will Provide Stores with Crypto Pay Tech
24.10.2019
Venezuelan president Nicolás Maduro has authorized Petro-to-fiat trading, and says his government will provide the necessary technology to all business holders in the country who want to start accepting crypto pay.
Maduro stated that his move – effective as of October 23 – would allow the “three...
Maduro: Caracas to Hand out up to USD 3.6m in Petro Tokens
17.10.2019
Nicolás Maduro. Source: Twitter, @NicolasMaduro
Venezuelan president Nicolás Maduro has announced that the central government will hand out a total of USD 543,700 worth of the state-run, oil-backed Petro cryptocurrency to each of the country’s 23 states on a bi-monthly basis.
In a televised...
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
27.9.2019
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 Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...
Maduro’s Secret ‘Stash’ of Cryptos is Unlikely to Affect Bitcoin Price
27.9.2019
Nicolás Maduro. A Venezuelan state-run oil and gas company appears to be sitting on a bitcoin (BTC) and ethereum (ETH) unspecified “stash” – and the country’s central bank is looking for ways to store the cryptocurrencies in its coffers.
Per a report from Bloomberg – who claim that president...
Venezuela’s Maduro Mandates Petro Use in Funding of Social Housing Project
20.9.2019
Venezuela's president has ordered his pet cryptocurrency, the petro, to be used in funding an ongoing housing initiative
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
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....
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...
Venezuela’s Maduro Orders Top Bank to Make Petro Available to Public
5.7.2019
President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro
Venezuela Government Orders The National Bank To Accept Petro
5.7.2019
Nicolas Maduro, the Venezuelan president, has ordered the principal financial organization, Banco de Venezuela, to receive Petro (PTR), the virtual currency of the country. The news surfaced on 4th July on Tweeter. This is an aggressive step taken by the Maduro government to promote Cryptocurrency...
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
4.7.2019
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation
14.6.2019
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 bottom of all inflation charts, year after year. The latest incarnation of the national fiat, Bolívar Soberano, has succumbed to...
Crypto Adoption Strong in Venezuela Despite Political Chaos
10.5.2019
The political tension in Venezuela has affected local cryptocurrency adoption. While there are roadblocks, many crypto-advocating projects continue to thrive in the country. News.Bitcoin.com takes a deep look at the current situation in Venezuela, crypto adoption efforts and how the recent...