Venezuela

Venezuela’s Petro Cryptocurrency Ends its Run

KEY TAKEAWAYSVenezuela's national cryptocurrency, Petro, will shut down on January 15 after a six-year lifespan.Initially created to circumvent U.S. sanctions, Petro was backed by...

Venezuelan Petroleum Minister Resigns Amid Anti-Corruption Sweep

Tarek El Aissami, Minister of Petroleum and an influential figure in the Venezuelan government, announced his resignation yesterday, Monday, amid an anti-corruption operation by...

Venezuela gives crypto some love: Bitcoin and other cryptocurrencies exempt from some taxes for one year

The Venezuelan government has decided to exempt bitcoin (BTC) and other cryptocurrencies transactions from some taxes, one year after the entry into force of...

National Flags Take Flight on Bitcoin Blockchain with Ordinals Protocol

The Bitcoin blockchain will now forever carry the flags of Latin American countries such as Colombia, Argentina, Venezuela and El Salvador, territories known for...

Venezuela to monitor cryptocurrency-related banking transactions in real time

Venezuela's Banking Authority (Sudeban) and the Cryptoassets Authority (Sunacrip) will begin to supervise "in real time" banking operations related to bitcoin (BTC) and cryptocurrencies,...

What Lessons Can The World Learn From Venezuela’s Newfound Love For Crypto?

It is often the case that great changes are forced out of necessity, rather than a willingness to innovate for good. Just as the...

Venezuelan Cryptocurrency Exchange CriptoLAGO Launches Dash Debit Card

CriptoLAGO, a state-licensed cryptocurrency exchange in Venezuela, is launching a new cryptocurrency debit card that will allow consumers to more easily spend Dash, Bitcoin,...

Venezuela just got its first Bitcoin ATM

After years of waiting, and despite a relatively high and impressive volume of Bitcoin trading, Venezuela has finally got its very first Bitcoin ATM....

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Odysee Announces Shift to Arweave, Aiming for Full Decentralization

Odysee is partnering with Arweave for decentralized data storage.The move aims to make Odysee more creator-centric and censorship-resistant.A Decentralised...

WazirX Halts Deposits and Withdrawals Following Massive $235M Hack

Cryptocurrency exchange WazirX has stopped processing deposits and withdrawals after suffering a $235 million hacker attack.

New Financial Systems: Surveillance and Tokenization Threaten Inclusion

The new financial governance system promises inclusion but raises serious exclusion fears.Digital IDs and blockchain technology could lead to...

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