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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Ether.fi’s crypto credit card tops $10M in daily transaction volume

Ether.fi’s crypto-native credit card exceeded $10 million in daily transaction volume on June 30.The card has processed over 80,000...

Burwick Law Seeks to Serve Ponzi Lawsuit via NFT to Dubai Developer

Burwick Law seeks to serve Dubai-based defendant Peter McInnes with an NFT as part of a lawsuit over a...

Solana Jumps 5% on Rumors of Staking ETF Launch This Week

Solana surged by about 5% amid reports of a new staking exchange-traded fund (ETF) launching soon. The REX-Osprey SOL+Staking ETF...

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