Industry voices claim that Bhutan, Venezuela, and Iran’s central banks are acquiring Bitcoin. Larger and more influential central banks are expected to follow soon. Industry voices claim that the Central…
Browsing: Venezuela
The Ministry of Electric Power in Venezuela has revealed plans to ban Bitcoin mining from the country’s grid as it grapples with power shortages. While the ban only recently became…
Venezuela pivots from USD to Bitcoin and Tether for oil sales to circumvent US sanctions. PDVSA mandates digital wallets for all clients, signaling a significant move towards digital currencies. In…
The BRICS Coalition has reportedly gotten a large number of requests from new countries looking to join the coalition. Brazil’s President reveals that he is willing and open to accepting…
Venezuela is set to launch a digital Bolivar in the next few months, joining a growing list of countries issuing CBDCs. Despite the colossal failure with the state-owned cryptocurrency launched…
On the cryptocurrency exchange plattform LocalBitcoins, Bitcoin’s trading volume in Venezuela reached $300 million in 2019. The Government of Venezuelan officially stops the trading of the cryptocurrency Petro. Researcher Larry…
Bitcoin trading volume on the peer-to-peer platform LocalBitcoins has reached a new record of 363.44 billion bolívars (US$1.46 million). Venezuela is on the way to becoming a pioneer in the…
The Venezuelan government uses the Petro to track the activities of its citizens. The concept of the Petro is designed to favour the government while traders and citizens lose. The…