Venezuela announces digital Bolivar for October

2021-8-6 19:30

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.

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Venezuela’s Bolivarian Army Embarks on Bitcoin Mining for Income and Sanction Evasion

Venezuela is further expanding its crypto foothold in what seems to be a tact towards salvaging the country’s economy while evading imposed sanctions, especially by the United States. Through one of its engineering brigades, the Venezuelan army recently revealed a Bitcoin mining center dubbed ‘Digital Assets Production Center of the Bolivarian Army of Venezuela.

2020-12-2 00:26


2 Reasons Why Burger King Starts Accepting Cryptocurrencies in Venezuela

While Venezuela’s government remains committed to its Petro digital currency project, a leading fast-food restaurant in the country has announced to now start accepting cryptocurrency payments. In a recent twitter announcement, Burger King Venezuela has partnered with Cryptobuyer – payment platform – to enable customers to pay using Ethereum, Litecoin, Dash, BNB, Tether, and Bitcoin. […]

2020-1-6 21:50


Ôîòî:

Venezuela Holding Bitcoin to Skirt US Sanctions Is Not Bullish: Prominent Analyst

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


Ôîòî:

Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report

Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies.

2019-7-26 14:02


Bitcoin Applauded For Its Associated Initiatives In Venezuela By Open Money Initiative CoFounder

Bitcoin Applauded For Its Associated Initiatives In Venezuela Many supporters of the digital currency have always advocated for the use of cryptocurrencies as a daily mode of transaction. Bitcoin and other digital assets in Venezuela have been on the rise largely due to the drastic economic and political collapse in the country. Recently, during a […]

2019-5-23 19:33


Bitcoin [BTC] and its associated initiatives are super impactful in Venezuela, says Open Money Initiative Co-founder

The use of cryptocurrencies for mainstream, practical purposes has always been the aim of a lot of the proponents in the digital assets space. In a recent podcast with Peter McCormack, the panelists discussed the use of Bitcoin [BTC], the world’s largest cryptocurrency, in the flailing economy of Venezuela.

2019-5-22 20:30


Marshall Islands’ Sovereign (SOV) Digital Currency Looks to Meet US Regulatory Standards

The Marshall Islands is the latest country in the world to begin development of their own national Cryptocurrency dubbed the Sovereign, following in the footsteps of Venezuela. Baka Ben Ezer, the chief executive officer of Neema, the firm that will be developing the coin for the government, says that the coin is in development and […]

2019-3-10 21:56


Here’s Why Colombia Is The Latest South American Country To Hit The Peak In Bitcoin Volume

Here’s Why Colombia Is The Latest South American Country To Hit The Peak In Bitcoin Volume Recently, we reported that after Venezuela, the trading volume in Indonesia has reached an all-time high (ATH) on the peer-to-peer platform, LocalBitcoins in response to the legal recognition of Bitcoin and digital assets as commodities. Bitcoin trading volume in […]

2019-2-20 19:52


Ôîòî:

Living on Bitcoin for a Week in San Francisco

When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary.

2019-2-5 23:06


Ôîòî:

What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto

Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.

2018-12-1 22:18


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