2023-8-29 16:27 |
Binance discontinues its P2P trading services with Venezuela's primary state-owned bank, Banco de Venezuela.
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Binance has removed support for Banco de Venezuela, the country's most used bank, from its peer-to-peer (P2P) platform, citing compliance with local and international regulatory standards. The post Binance P2P Removes Support for the Most Used Bank in Venezuela appeared first on BeInCrypto.
2023-8-29 15:30 | |
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Bitfinex P2P will support buying and selling of Bitcoin, Ethereum and Tether tokens USDt and EURt. The company is looking to bolster financial freedom and inclusion across Latin America. Bitfinex completed an investment in Chile-based crypto bank OrionX in May.
2023-6-28 21:49 | |
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Central Bank Digital Currencies [CBDCs] are turning out to be all the rage across many governments, with many nations actively developing their own. Venezuela, for instance, is in the news today afterThe post Venezuela announces digital Bolivar for October appeared first on AMBCrypto.
2021-8-6 19:30 | |
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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.
2020-10-7 23:15 | |
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A British court has ruled in favor of Nicolas Maduro’s Venezuelan government in the legal fight over the $1 billion in gold held by the Bank of England (BOE). As previously reported by BeInCrypto, Venezuela filed a $1 billion lawsuit against the BOE and claimed that the central bank refused to release the gold owed.
2020-10-5 16:35 | |
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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.
2020-7-4 17:15 | |
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Wells Fargo Bank will allegedly cease offering its Venezuelan customers access to the cash transfer service Zelle. The move was made public via Twitter by user @ernestocontrer: So why are @Dashpay and #cryptos welcomed in #Venezuela?Among other things, Venezuelans have almost no options to move our money.
2020-6-6 00:10 | |
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Venezuela has filed a major $1 billion lawsuit against the Bank of England and claims that the central bank is refusing to release the gold owed. Venezuela has used the Bank of England for decades to store its bullion, but now it’s having a problem retrieving it.
2020-5-23 15:10 | |
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The Bank of England (BoE) could have inadvertently made a case for Bitcoin by refusing to give Venezuela its gold reserves
2020-5-22 21:43 | |
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According to reports and social media, bank branches in Venezuela are closing their doors as the Coronavirus continues to spread. People are turning to Bitcoin as the solution as trading volumes increase.
2020-3-22 03:16 | |
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In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil.
2020-3-19 19:00 | |
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The Banco Central de Venezuela (BCV), appears to be operating a node on the BolivarCoin blockchain, prompting speculation that the BCV may be ramping up its interests in digital currencies. The node was first noticed by members of the BolivarCoin Telegram community, who found that a node operating under the IP address 200.
2020-1-5 09:18 | |
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While the United States' regulations surrounding blockchain technology or cryptocurrencies need clarity, other countries like China, Russia as well as Venezuela seem to be making headway. Recently, thThe post Russian bank head: Countries that don't embrace blockchain will end up in Stone Age appeared first on AMBCrypto.
2019-12-28 14:30 | |
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Venezuela, Argentina trade more on Localbitcoins than ever before in their weakening currencies
2019-11-11 11:30 | |
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Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure.
2019-10-1 13:44 | |
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The Central Bank of Venezuela is exploring whether to hold Bitcoin and Ethereum in its international reserves. The cryptocurrencies would be used to circumvent international sanctions and pay state-run oil company debts, the report revealed.
2019-9-29 19:35 | |
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A new report emerged yesterday claiming that Venezuela’s central bank is considering using the Bitcoin and Ether reserves at its disposal to alleviate the country’s seemingly never-ending economic woes.
2019-9-28 09:27 | |
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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 de Venezuela’s (BCV) vaults to pay for oil and gas operations.
2019-9-28 20:45 | |
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You have to love it when the mainstream press talks about Bitcoin. Bloomberg broke the news that Venezuela has Bitcoin and ‘doesn’t know what to do with it’. Bitcoin as a Central Bank Reserve They also go on to say that: Venezuela’s central bank is running internal tests to determine whether it can hold cryptocurrencies in its coffers.
2019-9-27 15:00 | |
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As the age-long economic crisis rages on, Venezuela’s apex bank, Banco Central de Venezuela (BCV) is now running internal tests with officials to find out the possibility of holding bitcoin (BTC) and ether (ETH) in its coffers as foreign reserves, as the nation’s state-owned oil company is looking to pay suppliers in cryptos via theRead MoreRead More.
2019-9-27 15:00 | |
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When it comes to cryptocurrencies, no stone should be left unturned. That applies to both individuals and entire nations alike. Venezuela, a country known for its rather hostile approach to Bitcoin, might be on the brink of openly embracing the world’s leading cryptocurrency.
2019-9-27 01:59 | |
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Venezuela’s Central Bank is considering adding bitcoin to its balance sheets, giving state institutions the ability to settle payments in cryptocurrencies. The post Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets appeared first on Bitcoin Magazine.
2019-9-27 00:42 | |
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Venezuela has a stash of crypto's and it does not seem afraid to use them. The only problem is that the country does not seem completely sure about how to use them, also. As reported by Bloomberg, the central bank of Venezuela recently started tests in order to determine how to use it's cryptos to […]
2019-9-27 00:17 | |
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Venezuela, the country that currently suffers from hyperinflation, is reportedly taking steps to adopt cryptocurrencies. The information was highlighted through a tweet from @PattyLaya, which translated to, “Exclusive: Venezuela is conducting internal tests to determine if it can save cryptocurrencies in the central bank’s reserves, helping PDVSA download recent payments in Bitcoin and Ethereum” According […] The post Venezuela to add Bitcoin and Ethereum in central bank’s reserves appeared first on AMBCrypto.
2019-9-27 23:00 | |
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Earlier today, news broke that the central bank of Venezula is in tests to see whether it would be advantageous for the institution to hold cryptocurrency reserves. The nation’s state-run oil company is also apparently attempting to send Bitcoin (BTC) and Ether (ETH) to pay suppliers via the central bank.
2019-9-27 23:00 | |
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The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank.
2019-9-26 18:52 | |
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The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro.
2019-9-15 00:12 | |
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President Nicolas Maduro announced in a tweet that the Bank of Venezuela will now have the ability to accept Petro deposits and allow customers to purchase the nation's own cryptocurrency at all locations.
2019-7-5 18:47 | |
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Venezuela’s President Nicolas Maduro has ordered that every branch of the Banco de Venezuela should allow citizens to buy and trade El Petro, the state-issued cryptocurrency he’s so intent on pursuing.
2019-7-5 13:54 | |
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President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro.
2019-7-5 13:00 | |
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Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
2019-7-4 20:24 | |
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The president of Venezuela, Nicolas Maduro, has announced an order requiring Banco de Venezuela —the country’s biggest bank— to open desks for transactions in Petros in each of its near 790 agencies across the country.
2019-7-5 16:29 | |
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Bitcoin can be many things depending on the situation. For many it is a store of value, for some, it is a trading vehicle, but for Venezuelans, BTC is the most reliable hedge against the rampant hyperinflation the Latin nation is suffering.
2019-7-2 09:12 | |
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New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted over 46 billion sovereign bolivars (VES) on P2P Bitcoin exchange Localbitcoins.
2019-6-17 11:00 | |
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Russia under the press of stifling international sanctions is looking for ways to conduct international settlements. A variant with crypto is being considered – this is reported by the Russian state news agency TASS with reference to Elvira Nabiullina, the head of the Bank of Russian.
2019-5-25 14:02 | |
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Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used.
2019-5-18 02:00 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against BitcoinBitcoin’s core value proposition is that it is an uncontrolled, apolitical money.
2019-4-30 20:16 | |
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This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019.
2019-4-4 18:42 | |
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The U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s attempts to bypass financial sanctions using the petro.
2019-3-14 19:45 | |
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This action signals an increase in US pressure on the Venezuelan government.
2019-3-14 20:18 | |
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The United States Treasury Department has imposed further sanctions on Russia, this time adding bank Evrofinance Mosnarbank, jointly owned… The post U.S. Treasury Sanctions Russia-Based Bank Allegedly Backing Venezuela’s Petro appeared first on Invest In Blockchain.
2019-3-13 18:46 | |
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The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.
2019-3-13 16:00 | |
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Министерство финансов США объявило о введении санкций против «Еврофинанс Моснарбанка», который находится в совместной собственности российских и венесуэльской государственных компаний. Причиной стала якобы поддержка и сотрудничество с нефтяной корпорацией Petroleos de Venezuela S.
2019-3-13 11:26 | |
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Russia’s Evrofinance Mosnarbank Sanctioned By The US After Being Backing Venezuela’s Petro The United States has decided to add the Russian bank Evrofinance Mosnarbank to its sanctioning list managed by the Treasury Department.
2019-3-13 02:19 | |
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The U.S. Treasury has sanctioned Moscow-based bank Evrofinance based on its alleged financing of Venezuela’s controversial oil-backed crypto, Petro
2019-3-13 21:32 | |
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Eight tons of gold has been taken out of the vaults of Venezuela’s central bank as tightening sanctions push President Nicolas Maduro to take extraordinary measures to remain solvent. Per opposition legislator Angel Alvarado and anonymous government sources, the gold was removed from the central bank vaults last week.
2019-3-2 17:05 | |
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Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages.
2019-2-24 17:04 | |
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The global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U. S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity.
2019-2-21 16:05 | |
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The promised support by US of Venezuelan riot with Juan Guaido in the head – is becoming tangible. The puncture of the rebels with the army is now compensated by the financial strangulation of the Maduro regime from outside.
2019-1-30 22:50 | |
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