2018-8-15 02:30 |
Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president. origin »
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As hyperinflation continues to ravage the Venezuelan economy, President Nicolas Maduro has hinted that the Christmas bonus of retirees and pensioners in the country will be paid in petro (PTR), Venezuela’s national crypto.
2019-11-18 18:00 | |
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Venezuela, a South American country embroiled in a bitter political impasse, is negotiating with Russia over abandoning the USD in their bilateral trade settlements. The two countries are in talks over the use of the Russian ruble, according to Jorge Valero, Venezuela’s representative in UN’s Geneva offices.
2019-5-20 15:24 | |
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Venezuela’s Cryptocurrency Has Yet To Show Its Useful One of the most interesting things that the cryptocurrency market experienced this year was the creation of the first national virtual currency called Petro.
2018-12-28 04:29 | |
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In an effort to reinvigorate an economy crippled by socialism on one hand and US-led sanctions on the other, Venezuela established the Economic Recovery, Growth, and Prosperity Program, which resulted in the development of a state-supported cryptocurrency.
2018-10-4 19:39 | |
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Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts.
2018-8-31 22:00 | |
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Venezuela is the world's richest country in terms of oil. Yet its people are starving. With devaluation, hyperinflation and crisis is cryptocurrency the answer? The post Could Cryptocurrency Be the Solution to Venezuela’s Problems? appeared first on CoinCentral.
2018-8-25 23:59 | |
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In a bid to save Venezuela from hyperinflation, embattled President Nicolnezuela will have a second accounting unit based on […] the value of the Petro. ” Maduro declared in a televised address (spotted by Sputnik).
2018-8-14 12:46 | |
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Initially revealed on August 2, 2018, several Venezuelan Coinbase users abruptly lost the ability to withdraw or send cryptocurrency, prompting speculation that the exchange may have its hands tied by US-Venezuela sanctions.
2018-8-4 22:00 | |
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ETF’s are back in the news this week with the Winklevoss twins of Gemini getting rejected again, while investment firm Direxion was delayed till September on a final decision.
2018-7-30 18:41 | |
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Venezuela’s struggling economy has inspired many in the country to adopt cryptocurrencies as an alternative to the crashing Venezuelan Bolivar. The situation in Venezuela is dire; hyperinflation in the country has reached such extremes that a cup of coffee now costs a million Bolivars.
2018-7-28 11:13 | |
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Venezuela will remove five zeros from its ailing currency, the bolivar, and peg it to its controversial Petro cryptocurrency, President Nicolas Maduro said in a public broadcast July 26. Maduro: Bolivar Will ‘Anchor Petro’ The Bolivar, which had become so inflationary that online gaming tokens such as World of Warcraft gold were a more stable store of value, is currently worth just $0.
2018-7-28 11:00 | |
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Venezuela’s struggling economy has inspired many in the country to adopt cryptocurrencies as an alternative to the crashing Venezuelan Bolivar. The situation in Venezuela is dire; hyperinflation in the country has reached such extremes that a cup of coffee now costs a million Bolivars.
2018-7-28 00:50 | |
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In a recent press release, Dash claimed that it was the most used crypto in Venezuela right now. According to the company, the use of Dash in the country is far greater than the combination of all the other tokens combined.
2018-7-27 13:52 | |
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Iran might soon take a page out of Venezuela’s playbook by launching its own state-issued cryptocurrency. The move is occasioned by the fact that the country is set to come under renewed economic sanctions from the United States.
2018-7-27 11:00 | |
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In the midst of runaway inflation, Venezuela will print new money, removing five zeroes from the denominations, and tie its national currency to the recently created petro.
2018-7-27 00:05 | |
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In order to curb inflation in Venezuela, five zeroes will be removed from the national currency, the Bolivar according to July 26, 2018, reports. Furthermore, the value of the money will reportedly be tied to the government-controlled cryptocurrency, the Petro.
2018-7-27 23:00 | |
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Venezuelan retailers have reportedly adopted Dash on a scale that has made it the most widely used cryptocurrency in the country.
2018-7-26 21:52 | |
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A few hours ago, the president of Venezuela, Nicolas Maduro Moros, made a television announcement to the country in which he revealed new economic policies framed in what he described as a comprehensive plan to restore the country’s financial stability.
2018-7-26 19:06 | |
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These images that recently surfaced on Reddit are reportedly showing a donation of just $ 230 that has been channeled into Venezuela through a cryptocurrency called Nano. A quick look at the Local Bitcoins volume there shows another spike in peer to peer transactions over the past week.
2018-7-17 09:12 | |
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In a country that has seen an estimated 99% devaluation of their currency over the last year, even $1 is seen as a lot of money. These images that recently surfaced on Reddit are reportedly showing a donation of just $230 that has been channeled into Venezuela through a cryptocurrency called Nano.
2018-7-17 06:00 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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Addressing the financial situation in Venezuela will pose many challenges. Cryptocurrencies are still in the best position to make a meaningful impact in this regard. The Center for Strategic and International Studies is thinking along the same lines.
2018-7-13 17:00 | |
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The Center for Strategic and International Studies, a DC based think tank is urging cryptocurrency holders around the world to spend their coins to undermine authoritarian dictatorships such as the one in in Venezuela under Nicolas Maduro.
2018-7-13 23:10 | |
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Although cryptocurrencies are widely regarded as a lucrative investment vehicle, it is easy to forget the original function of the decentralized assets: that of being a store-of-value quarantined from corruption and state interference.
2018-7-12 00:00 | |
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Venezuela is a country which makes a lot of headlines, though not for the right reasons. Cryptocurrency has slowly begun making an impact in this country, even though it remains to be seen how successful all of these efforts will be.
2018-7-9 00:00 | |
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The Venezuelan Petro is a cryptocurrency that is very much used to being in the limelight. Not for being a technological revolution, more for its association with oil funding and funding from the Russian government.
2018-7-6 12:00 | |
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The Venezuelan Minister of Habitat and Housing Ildemaro Villarroel has announced that the country’s government is planning to fund the construction of houses for the homeless with the national cryptocurrency Petro, Criptotendencia reports Thursday, June 5.
2018-7-6 06:36 | |
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The government of Venezuela is funding a housing initiative for the homeless with the national oil-backed cryptocurrency, the Petro
2018-7-6 04:08 | |
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As per an announcement reported via native news, Telesur, it is believed that the next use of Venezuela’s oil-based cryptocurrency, Petro has been established. The minister of the Habitat and Housing of Venezuela, Ildemaro Villarroel confirmed that new efforts are in place to provide housing to the country’s homeless through a project called “La Gran […]
2018-7-5 08:54 | |
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It is still believed cryptocurrency will have a positive impact, although it may not be in the form of Bitcoin or even the Petro. Venezuela and Nano Mix Well According to a recent Reddit thread, the financial situation in Venezuela is only getting worse. It is evident financial hardship has become the new normal in
2018-7-3 17:57 | |
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The financial situation in Venezuela looks anything but impressive. Financial hardship has become the new normal in this part of the world. It is still believed cryptocurrency will have a positive impact, although it may not be in the form of Bitcoin or even the Petro.
2018-7-3 03:00 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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Still, Wheeler is set on ditching efforts to try and help the country by way of political change. Still, cryptocurrency communities, including zcash and dash, have long been trying to help Venezuela in some way.
2018-6-28 15:04 | |
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Still, Wheeler is set on ditching efforts to try and help the country by way of political change. Still, cryptocurrency communities, including zcash and dash, have long been trying to help Venezuela in some way.
2018-6-28 13:31 | |
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Faced with the rapid decline of their money’s purchasing power, Venezuelans have no choice but to come up with out-of-the-box solutions to offset the effects of their country’s sky-high inflation rate.
2018-6-25 20:37 | |
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Venezuela authorities are worried as they see hyperinflation driving bitcoin trading volumes beyond control. In the last week, the records have been astonishingly high, as trading in the ‘grey market’ financial trading continued to soar.
2018-6-22 17:21 | |
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Hyperinflation is rampant in Venezuela as bitcoin trading volume keeps hitting new records each week. Meanwhile, authorities are scratching their heads on how to rein in the burgeoning, albeit underground industry, including attempts to crackdown on the importation of cryptocurrency mining equipment.
2018-6-22 03:00 | |
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As many advocate to replace the U. S. dollar as the global reserve currency, Bitcoin and nationalized cryptocurrencies may finally offer Muslim countries economic stability and leeway in Western politics.
2018-6-14 15:27 | |
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Выигравший в начале года выборы новый президент Республики Колумбия высказался в поддержку биткоина и цифровых активов.
Правительство Венесуэлы планирует использовать национальную криптовалюту Petro для сбора налогов. Решение использовать национальную цифровую валюту было принято после того, как большинство мэров Венесуэлы согласились присоединиться к плану, запущенному правительством, направленному на ускорение внедрения Petro.
The head of Venezuela's state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement's Most Wanted list.
В понедельник стоимость BTC снова достигла отметки в $10 000.... Сообщение Подкаст 105: Биткоин превзошел критический барьер в $10 000 появились сначала на ПрофитГид: рейтинг ICO, блокчейн, биржи и курсы криптовалют.
After failing to sustain its bullish momentum above $9,200, Bitcoin has been on a steady decline. As of press time, it is trading just over $8,600 — a key support level. A dip below could cause it to slide further down towards $8,400.
В Аргентине зафиксирован небывалый интерес к биткоину. Основной причиной является... Сообщение Подкаст 83: В Аргентине наблюдается взрывной интерес к BTC из-за предстоящего дефолта появились сначала на ПрофитГид: рейтинг ICO, блокчейн, биржи и курсы криптовалют.
Charges against Maduro and other Venezuelan heads don’t involve crypto directly, three different lawyers say