Remittance platform for Venezuela’s Petro ready for use
Venezuela’s crypto is now ready to be used for remittances, but will that help anyone?
Latest Venezuela News
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.
Maduro orders Venezuela’s leading bank to accept Petro
Maduro continues to push the Petro on his country hoping it can save the economy.
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.
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.
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.
Venezuela launches a crypto remittance service
Venezuela is launching a new remittance service for cryptocurrencies, in an effort to save their failing economy.
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.
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.
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.
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.
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.