Nicolas Maduro promises digital currency ‘surprise’ for Venezuela
President Nicolas Maduro recently told Venezuelans that his government is working on a digital bolivar, promising a big surprise announcement soon.
Latest Venezuela News
Venezuelan hackers who stole $1.9M in BTC arrested
The two reportedly used obfuscation protocols to cover their tracks, but police managed to track the heist to a company they are associated with.
Venezuelan army turns to block reward mining for money
The Venezuelan army has begun block reward mining to secure funds, in a bid to stave off the effects of economic collapse in the country.
Block reward mining legal in Venezuela—as long as they join national pool
Any local block reward mining operator must first obtain a license from the government, and be listed on a government register.
Venezuela blocks Coinbase in latest internet censorship
The Venezuelan government has continued its internet censorship, with digital currency exchange Coinbase being the latest casualty.
Venezuelan gov’t blocks digital currency health bonus payments
Over 60,000 healthcare workers may miss out on bonus payments after the Venezuela government blocked access to a local digital currency exchange.
Venezuela to accept taxes in Petro
The National Tax Harmonization Agreement will implement an information exchange and monitoring system for companies that will allow them to pay taxes in Petro.
Venezuela military confiscate 315 mining rigs
The equipment is valued at $79,000, and its operator can face an $18,000 fine over unregistered block reward mining operations.
Venezuela forces gas stations to accept petro amid petrol price hike
The government has started requiring all gas stations in Venezuela to sell petrol at a discount in exchange for Petro.
Venezuelan digital currency chief wanted in US
U.S authorities have placed a $5 million bounty on Joselit Ramirez, the head of Venezuela’s digital currency agency.
Venezuela President Nicolas Maduro is now a wanted man
The U.S. Department of Justice accuses the leader of running a drug-trafficking that relied on digital currencies as payment.
Rogue regimes embracing crypto to evade sanctions
Unfortunately, not all foreign states are using cryptocurrencies for reputable purposes.