Venezuela could hold BTC and ETH in its international reserves

2019-9-29 19:35

The Central Bank of Venezuela is exploring whether to hold Bitcoin and Ethereum in its international reserves. The cryptocurrencies would be used to circumvent international sanctions and pay state-run oil company debts, the report revealed.

Circumventing sanctions with Bitcoin Apart from the political upheaval brought on by contested president Nicolas Maduro, Venezuela has been struggling […]

The post Venezuela could hold BTC and ETH in its international reserves appeared first on CryptoSlate.

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venezuela international reserves hold sanctions could btc

Источник: cryptoslate.com

venezuela international → Результатов: 31


Venezuelan Economic Professor Shares Passion Behind Cryptocurrency Advocacy in Spite of Bolivars Uselessness

As many of our readers are probably well aware of, the South American nation of Venezuela is currently in the midst of its worst ever financial crisis— with inflation rates currently at an all-time high due to a host of international economic sanctions that have been levied against the nation. As a result of all […]

2019-3-11 19:42


Venezuela to Use Petro Cryptocurrency in International Oil Trade

The government of Venezuela recently announced the intended sale of its oil using the Petro cryptocurrency to circumvent U. S economic sanctions come 2019. Circumventing U. S. Sanctions According to Venezuela-based satellite tv, TeleSUR, Venezuelan President, Nicolas Maduro announced that country would create a basket of cryptocurrency for oil-backed state cryptocurrency, Petro.

2018-12-8 12:14


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Dash Text Enables Remittance via SMS to Turn Venezuela Into a ‘Dash Nation’

Dash Text, an SMS-operated mobile application, has just launched in Venezuela and is aimed at enabling easy remittance in the DASH cryptocurrency. As Venezuela suffers from strict international sanctions and its national currency, the Bolivar, is being diluted on a daily basis, transactions and cross-border payments have become extremely cumbersome.

2018-9-24 16:59


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P2P Markets Report: Latin American and Hungarian Volume Surges

Latin American peer-to-peer (P2P) markets have seen an influx of volume in recent weeks, with the Localbitcoins markets of Argentina, Brazil, and Venezuela posting significant spikes in volume. In other news pertaining to international P2P markets, the Hungarian Localbitcoins markets produced near-record volume in recent weeks, whilst Canada’s recent surge in volume appears to have […] The post P2P Markets Report: Latin American and Hungarian Volume Surges appeared first on Bitcoin News.

2018-7-17 04:55


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