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Venezuela

Venezuela military confiscate 315 mining rigs
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10 July, 2020

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
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7 June, 2020

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
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3 June, 2020

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. He joins...
Venezuela President Nicolas Maduro is now a wanted man
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27 March, 2020

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
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3 March, 2020

Rogue regimes embracing crypto to evade sanctions

Unfortunately, not all foreign states are using cryptocurrencies for reputable purposes.
Scam Petro abandoned in Venezuela: Report
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5 February, 2020

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...
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