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Venezuela’s President Says Petro Cryptocurrency Critical to Economic Recovery

Venezuela’s President Nicolas Maduro says Petro — the state-issued crypto, will be a major focus of the country’s government in 2020. Despite previous attempts to promote utility for the national cryptocurrency, public tokens like Bitcoin (BTC) and Dash are seeing the most adoption within the economically troubled country. дальше »

2020-1-16 22:00


President Maduro Forces Airlines to Buy Fuel Using Petro Cryptocurrency

Venezuela’s president, Nicolas Maduro, recently announced that he plans to revive the country’s oil-backed cryptocurrency Petro, which failed to attract users. Venezuela’s Petro: National cryptocurrency that failed The last several years have brought great economic difficulties for the country of Venezuela, whose native currency, bolivar, suffered a great loss of value due to extreme inflation. дальше »

2020-1-16 16:01


2 Reasons Why Burger King Starts Accepting Cryptocurrencies in Venezuela

While Venezuela’s government remains committed to its Petro digital currency project, a leading fast-food restaurant in the country has announced to now start accepting cryptocurrency payments. In a recent twitter announcement, Burger King Venezuela has partnered with Cryptobuyer – payment platform – to enable customers to pay using Ethereum, Litecoin, Dash, BNB, Tether, and Bitcoin. […] дальше »

2020-1-6 21:50


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Central Bank of Venezuela Running Node For This Micro-Cap Bolivar Altcoin

The Banco Central de Venezuela (BCV), appears to be operating a node on the BolivarCoin blockchain, prompting speculation that the BCV may be ramping up its interests in digital currencies. The node was first noticed by members of the BolivarCoin Telegram community, who found that a node operating under the IP address 200. дальше »

2020-1-5 09:18


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Bitcoin Trading Volumes Soar in Venezuela and Other Inflation Stricken Countries

Data shows that the volume of BTC transactions on the over-the-counter peer-to-peer marketplace, LocalBitcoins, has increased dramatically in countries suffering from high inflation rates. While the numbers are not quite as high as some of the most popular cryptocurrency markets in some of the larger developed nations like the United States, for example, trading volume […] The post Bitcoin Trading Volumes Soar in Venezuela and Other Inflation Stricken Countries appeared first on BeInCrypto. дальше »

2020-1-4 05:15


Russian bank head: Countries that don't embrace blockchain will end up in Stone Age

While the United States' regulations surrounding blockchain technology or cryptocurrencies need clarity, other countries like China, Russia as well as Venezuela seem to be making headway. Recently, thThe post Russian bank head: Countries that don't embrace blockchain will end up in Stone Age appeared first on AMBCrypto. дальше »

2019-12-28 14:30


Venezuela to pay pensioners their bonuses in Petro

CoinMarketCap Daily Newsletter Your daily newsletter for 18 November, 2019 “The best way to make your dreams come true is to wake up.” – Paul Valery In today's newsletter, we will be covering:   Bitcoin (BTC) rewards app Lolli responding to […] The post Venezuela to pay pensioners their bonuses in Petro appeared first on CoinMarketCap. дальше »

2019-11-19 17:00


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The Demand for Permissionless Freedom Is Just Getting Started

Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens are sick and tired of the manipulation. дальше »

2019-10-25 08:45


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Nicolas Maduro refuses to give up on Venezuela’s state cryptocurrency El Petro

It seems that the government of Venezuela isn’t ready to give up on its state-issued cryptocurrency ambitions. Speaking during a state broadcast last night, President Nicolas Maduro said protectorates and states would receive one million Petros —  Venezuela’s home-brewed cryptocurrency — twice a month, from November onwards. дальше »

2019-10-17 16:14


Maduro announces Petro-backed funds to boost Venezuela’s economy

Venezuela has long been fighting the woes of an unstable economy; President Nicolas Maduro announced strong steps to recover and strengthen the nation’s economic state. On October 16, Maduro communicated through a broadcast that he will be creating several government funds and will be denominated in its cryptocurrency, Petro. дальше »

2019-10-17 10:30


Venezuela’s Largest Retailer And Local Crypto Pioneer, Traki, Launches Its First Ever Bitcoin ATM

The largest retailer in Venezuela, Traki, installs its first ever Bitcoin ATMs that allow customers to buy two cryptocurrencies, BTC and Dash (DASH). As the country crumbles under hyperinflation and sanctions from various countries across the globe, the government is turning to cryptocurrencies as a stable form of payment. Venezuelan president, Nicolas Maduro, announced the […] дальше »

2019-10-7 17:24


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Venezuela Formally Confirms Sanction-Skirting Cryptocurrency Payment System

Venezuelan President, Nicholas Maduro, has confirmed rumors that the country is launching a cryptocurrency-based payment network for domestic and international payments. An even more exciting development from here is that the country is looking to accept Bitcoin and Ethereum from a state-owned petroleum company which they will hold as a part of their monetary reserves,Read MoreRead More. дальше »

2019-10-2 01:00