Business 26 July 2019

Venezuela now using BTC to avoid US sanctions in airports: report

Nicolas Maduro has reportedly approved the use of an app for collecting airport taxes which converts funds into BTC through several partners.

Business 5 July 2019

Maduro orders Venezuela’s leading bank to accept Petro

Maduro continues to push the Petro on his country hoping it can save the economy.

Business 4 July 2019

Cuba unveils plan for cryptocurrency as fiat falters

Cuba has confirmed it is considering plans that could introduce a national cryptocurrency, in a bid to revive the country’s flagging economy.

Interviews 12 June 2019

Paxful expands into developing countries with AirTM partnership

Paxful and AirTM both hope to expand their services with the new partnership, increasing access to cryptocurrency in new regions.

Business 21 May 2019

Venezuela and Russia discuss Petro based trade

Desperate to fix their trade situation, Venezuela might be close to convincing Russia to turn to Petro based trade.

Business 8 March 2019

Venezuela launches a crypto remittance service

Venezuela is launching a new remittance service for cryptocurrencies, in an effort to save their failing economy.

Business 12 February 2019

Venezuela’s Petro just got even more ridiculous

Although the Petro still has no clear definition, users of the crypto are going to have to dig deeper into their digital wallets, as the country is imposing a significant tax on all transactions. 

Business 5 February 2019

New regulations for Venezuela crypto scene amid civil strife

Venezula has revealed new requirements for exchange platforms and miners. Those businesses will now have to register with a superintend body of crypto-related activities, named Sunacrip, and adhere to new regulations.

Business 16 January 2019

Maduro proves he has no concept of economics

Venezuela, led by a former bus driver who took over power following the exit of the country’s former dictator, has not done much to show that the man is capable of handling much more than a steering wheel.

Business 11 January 2019

Venezuela turns to WTO for help over US sanctions against Petro

The government of Venezuela has filed a complaint with the World Trade Organization (WTO) over U.S. sanctions, including those against the state-backed Petro.

Business 4 January 2019

Value of Venezuela’s Petro still as clear as mud

Venezuelan President Nicolas Maduro's Petro cryptocurrency has no clear value tied to it, and hasn't helped the people of the country in their dire economic situation.

Business 14 December 2018

Venezuela starts paying monthly pensions in Petro: report

Venezuelan citizens are reportedly not too happy with the government’s decision to convert their monthly pensions into Petro.