Venezuela blocks Coinbase in latest internet censorship
The Venezuelan government has continued its internet censorship, with digital currency exchange Coinbase being the latest casualty.
Latest Venezuela News
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.
Scam Petro abandoned in Venezuela: Report
Merchants in Venezuela are refusing to accept payments in Petro crypto, claiming that exchanging the Petros for bolivars is difficult and leads to huge losses.
Venezuelans don’t want the Petro crypto
Venezuelans are desperate to rid of the Petro crypto recently airdropped to them by the gov’t and are now selling it on P2P marketplaces for half the price.
Venezuela makes another attempt to revive petro
President Maduro has ordered all airlines operating from the capital Caracas to pay for fuel in the petro crypto as he looks to boost its uptake in Venezuela.
Venezuelan employees to receive Christmas ‘bonus’ in Petro
President Nicolas Maduro has told retirees, public employees and pensioners that they will be receiving a Christmas bonus.