Venezuela

History and Use of the Crypto

For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need f...

Venezuelan Investors File Lawsuit With US Court in Connection With $30M Crypto Fraud

A group of Venezuelans has filed a lawsuit with a Florida Federal Court in connection with a Ponzi scheme involving $30 million...

FDD Assesses Risks of Crypto Use by Countries Under US Sanctions

The American Foundation for Defense of Democracies (FDD) has assembled an assessment of current and future risks of cryptocurre...

Argentina Drives Global LocalBitcoins Volume to Highest Since November

Trading volume on Finnish peer-to-peer (P2P) bitcoin (BTC) exchange Localbitcoins hit a high not seen since November 2018, reve...

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurre...

US Dominates Crypto Twitter While Venezuela ‘Most Negative’

Accounting for almost 40% of bitcoin tweets worldwide, the United States looms large over crypto twitter.  According to a new t...

Binance DEX Will Geoblock Users From 29 Countries, Including the US

The decentralized exchange (DEX) developed by major cryptocurrency exchange Binance will block access to users based in 29 coun...

Venezuela and Russia Discuss Mutual Trades in Petro and Russian Ruble: Report

Venezuela is considering to close mutual trade settlements with Russia using the ruble, Russian government-backed TV channel RT...

Coinbase-Backed Stablecoin Startup Reserve to Launch ‘Venmo Style App’ in Venezuela

Stablecoin project Reserve announced that it will launch a crypto-fiat payments app in Venezuela and Angola in a press release ...

Campaign to Raise $1 Mln in Crypto for Venezuelans Registers 60,000 Beneficiaries

A charitable campaign to enable the direct transfer of $1 million in crypto donations to Venezuelans has registered around 60,0...