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South American Bitcoin Trading is Surging Despite Price Volatility

Heightened market volatility has failed to dampen enthusiasm throughout South America, as bitcoin trading volumes in Venezuela, Brazil, Chile, and Colombia continue to soar. Venezuela Trades Record Bolivars For Bitcoin Data from monitoring resource Coin Dance, which tracks trading across three decentralized P2P platforms, confirmed the new all-time high record this weekend. дальше »

2019-7-15 15:00


President Maduro Orders Petro Transaction Desks to be Opened in Venezuelan National Bank

There is significant use of cryptocurrencies by people in first world countries for the purposes of paying for goods and services as an alternative to fiat currency and also as an investment tool. There is, however, also the use of cryptocurrencies in countries are struggling with inflation and various financial issues as not just an […] дальше »

2019-7-5 21:17


Amidst Hyperinflation-Related Problems, Venezuelan President Prints New Bolivar Notes

Within a matter of just six months, Venezuelan President ‘Nicolas Maduro’ (for the second time this year) has released a circular stating that his government will be issuing new banknotes — with denominations ranging from 10,000 to 50,000 Bolivars — so as to keep up with his country’s ongoing inflation problems. From a technical standpoint, […] дальше »

2019-6-16 19:20


Expert Believes Petro Cryptocurrency Is Helping Venezuelan People Bypass Sanctions

Venezuelan Petro Moves Towards A New Phase The Petro is now accepted in many shops in the country, according to Ricardo Baptista, the director of the Latin American Cryptoeconomy Corporation, the Venezuelan government wants to help the economy by promoting the use of virtual currencies, including the government-backed Petro. The goal is to solve the […] дальше »

2019-6-10 02:49