Venezuela

Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions

PDVSA's adoption of USDT has surged since the U.S. reinstated sanctions amid concerns about Venezuela's upcoming election.

2 weeks ago

Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report

The Venezuelan government is once again turning to crypto to circumvent US sanctions, this time, in its oil and gas…

2 weeks ago

DEX Dominance Sets Mexico Apart, While Argentina and Venezuela Seek Financial Stability in Crypto: Chainalysis

While Mexico's crypto market breaks away from centralized exchange trends, the increased adoption for Argentina and Venezuela is more about…

7 months ago

Venezuelan BTC Miners Forced to Halt Operations Amid Anti-Corruption Investigation (Report)

Crypto miners and exchanges in Venezuela will remain shut while the authorities try to cope with the multi-billion corruption case.

1 year ago

US Accuses Five Russians and Two Venezuelans of Smuggling Oil, Millitary Equipment Using Crypto

A Russian-Venezuelan network sold oil to Russian and Chinese clients and used crypto to avoid financial restrictions.

7 months ago

Venezuela to Raise Minimum Wage 18-Fold By Pegging it to Half Petro

Venezuela's president announced a much-awaited increase in the country's monthly minimum wage due to the petro's involvement.

2 years ago

Venezuela’s International Airport to Reportedly Accept Bitcoin Payments for Flight Tickets

The largest airport in Venezuela intends to add Bitcoin, Dash, and Petro as payment options to its clients.

3 years ago

Over 31% of People in Latin America Want to Invest in Bitcoin

Almost 1 of every 3 people in Latin America has a strong interest in cryptocurrencies. But many won't invest until…

2 years ago

Pizza Hut Now Accepts Bitcoin and Other Cryptocurrencies in Venezuela

Now Venezuelans can use their Bitcoin in Pizza Hut thanks to a partnership with Cryptobuyer... Is this Venezuela's own Bitcoin…

2 years ago

Venezuela Buys 71 Tons of Paper to Print More Cash

The government of Venezuela is buying tons of paper —literally— to print massive amounts of cash... But other governments are…

4 years ago