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Venezuela

US Grants Crypto Startup Circle Authority to Use Stablecoin in Venezuela

Stablecoin (USDC) issuer Circle is partnering with the US government, crypto exchange Airtm, and exiled Venezuelan opposition leader Juan Guiadó,…

November 26, 2020

Venezuela Reportedly Combines Database With Mobile Payment System to Track Citizens’ Transactions

Venezuela appears to be ripping a page from China's playbook on how to control its citizens. The head of support…

December 29, 2019

Bitcoin (BTC) Trading Volume Soars Over 50% in Argentina, Sets New All-Time High in Venezuela

The demand for Bitcoin is soaring in Argentina on the peer-to-peer trading platform LocalBitcoins. The peso's ongoing plunge continues to…

December 29, 2019

US-Headquartered Bitcoin and Crypto Operator Abruptly Halts Service in Venezuela and 30 Other Countries

Bittrex International, the Malta-based international division of US-headquartered digital asset exchange Bittrex, is halting operations in Venezuela and 30 other…

October 20, 2019

Bullish or Bad for Bitcoin? Venezuela Reportedly Testing Crypto Stash Full of BTC and Ethereum

US President Donald Trump forbid US citizens from purchasing Venezuela's government-backed digital currency, the Petro, when it launched last year.…

September 27, 2019

Economist Shines Light on Venezuelan Bolivars Littering the Streets As Crypto Trading Volume Soars on LocalBitcoins

Senior fellow and director of the Troubled Currencies Project at the Cato Institute in Washington, D.C., Steve Hanke, is shedding…

August 25, 2019

Bitcoin Volume Hits All-Time High in Venezuela As President Trump Freezes Venezuelan Government Assets

[the_ad id="36860"] Nearly 68 billion Venezuelan bolivars were exchanged for Bitcoin last week on the over-the-counter trading platform LocalBitcoins –…

August 6, 2019