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Venezuela President Tells Citizens To Invest In Petro Cryptocurrency and Gold With Bonuses

Venezuela’s President Tells Citizens To Invest In Gold And The Petro Crypto Nicolas Maduro, the president of Venezuela, has been reported by the local media outlet Noticiero Digital to go to television and ask workers to invest in gold and in the Petro, the new state-backed cryptocurrency which will allegedly be backed by Venezuelan oil. […] дальше »

2018-10-19 22:14


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Petro Tokens Will Soon be for Sale, But Will Anyone Want to Buy Them?

Most of us probably don’t have the highest opinion about Venezuela due to all of the bad press we have heard about the place over the years. However; the country has put a large number of their national assets into a token they hope will become all the rage, but will the world be willing […] The post Petro Tokens Will Soon be for Sale, But Will Anyone Want to Buy Them? appeared first on NullTX. дальше »

2018-10-13 00:45


For Ukrainians, Bitcoin Could be the only road to Economic Freedom and Stability

Countries in times of strife have been turning to Bitcoin and other cryptocurrencies in hopes of finding economic refuge in the new technology.  Venezuela and Turkey are examples of countries that faced economic and political turmoil and turned to cryptocurrency in different ways as a possible remedy to their woes. дальше »

2018-10-11 22:37


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Venezuela Officially Launches State-Backed Petro, Passport Fees Now via Crypto-Only

Venezuelan President Nicolas Maduro officially launched the Petro, a state, and oil-backed cryptocurrency. According to the RT article published on October 8, 2018, while the goal of the state-backed cryptocurrency is to consolidate Venezuela’s economic stability, experts and analysts, however, remain skeptical and question whether oils and minerals back the token. дальше »

2018-10-8 17:00


Crypto Will Soon be the Only Option for Venezuelans Looking to Buy a Passport

The thousands of people trying to get out of Venezuela will soon have another hurdle in their path: the inability to buy a passport without enough of the country’s new cryptocurrency Petro. Thousands Trying to Leave The economic crisis that led to the Petro’s creation has caused an estimated 5,000 people per day to leave […] The post Crypto Will Soon be the Only Option for Venezuelans Looking to Buy a Passport appeared first on CryptoSlate. дальше »

2018-10-6 18:00


Venezuela Set to Officially Release its Oil-backed Petro Next Week

The Petro, Venezuela’s controversial cryptocurrency is finally ready for official release to the global cryptocurrency market, the Venezuelan government said. The government is hoping that the cryptocurrency gains popularity as it is part of efforts to rescue the country’s financial system which has been swallowed up by inflation. дальше »

2018-10-3 12:16


Venezuela’s Worsening Economic Crisis Sees Cryptocurrency Bring in High Demand Involvement

Worsening Crisis For Venezuela’s Economic Brings High Demand For Cryptocurrency Involvement Venezuela has been suffering in its economy for quite a while, and things just seem to keep getting worse. Some of their citizens are even leaving to find a better and more reliable source of income. However, those who have decided to stay are […] дальше »

2018-10-2 00:03


National Bank of Ukraine (NBU) to Entertain a State-Backed Blockchain Cryptocurrency Tied To Local Fiat

National cryptos seem to have become something more common after the controversial Petro was launched by the government of Venezuela. Now, the National Bank of Ukraine has been considering to launch a new state-owned token that will be based on the blockchain technology, local media outlets report. The bank affirms that the “e-hrevnia” will be […] дальше »

2018-9-27 01:46


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Dash Text Enables Remittance via SMS to Turn Venezuela Into a ‘Dash Nation’

Dash Text, an SMS-operated mobile application, has just launched in Venezuela and is aimed at enabling easy remittance in the DASH cryptocurrency. As Venezuela suffers from strict international sanctions and its national currency, the Bolivar, is being diluted on a daily basis, transactions and cross-border payments have become extremely cumbersome. дальше »

2018-9-24 16:59


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Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America

Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin . дальше »

2018-9-13 19:00


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Data Shows We Can’t Expect Cryptocurrency to Handle Inflation

Digital currency is being adopted in several nations fighting economic distress as a means to avoid inflation. In fact, crypto evangelists cite examples of African communities and countries like Venezuela to describe how digital coins could provide security from central banks’ policies and subsequent inflation in times of crisis. дальше »

2018-9-13 14:11