Venezuela Hit With Fresh New Economic Sanctions by Trump and United States Government

2019-3-23 18:46

As per an all new circular issued by the US Government earlier today, Venezuelan banks will now be faced with an all-new set of sanctions that will make it even harder for their clients to “mobilize their assets for everyday purposes”.

This latest decision comes at a time when Venezuela is going through one of […].

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Bitcoin Trading Plummets in Venezuela Blackout as Government Struggles to Pay Money Printers

Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact.   Bitcoin Trades Drop 40 Percent That was the conclusion of some cryptocurrency commentators as data showed weekly trade volumes on P2P platform Localbitcoins fell by 40 percent in the week ending March 9.

2019-3-15 04:00


Marshall Islands’ Sovereign (SOV) Digital Currency Looks to Meet US Regulatory Standards

The Marshall Islands is the latest country in the world to begin development of their own national Cryptocurrency dubbed the Sovereign, following in the footsteps of Venezuela. Baka Ben Ezer, the chief executive officer of Neema, the firm that will be developing the coin for the government, says that the coin is in development and […]

2019-3-10 21:56


Venezuela’s Superintendency of Cryptoassets and Related Activities Opens Remittances Service

Venezuela's government has been between a rock and a hard place for quite a bit of time. That's probably why it's started to offer a cryptocurrency remittance service. It was launched by the Superintendency of Cryptoassets and Related Activities (the country's main regulatory authority in crypto things). It's set a monthly limit and commissions per […]

2019-3-5 07:35


Venezuelan Government Launches Crypto Remittance Service

The government of Venezuela has begun offering a cryptocurrency remittance service. Remittances can be sent using two types of cryptocurrency. The service was launched by the Superintendency of Cryptoassets and Related Activities, the country’s main crypto regulator, which has also set a monthly limit and a commission per transaction.

2019-3-4 15:10


Ôîòî:

Indonesia Follows Venezuela With Giant Localbitcoins Bitcoin Trading Surge

Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February 16.

2019-2-18 13:00


Ôîòî:

Venezuela Imposes Capital Controls on Bitcoin Remittance Amid Record Volume

Venezuela continues to reach new heights in terms of weekly Bitcoin trading volume. Meanwhile, the country’s government has issued new regulations that impose fees on Bitcoin remittance. 2,545 BTC: New Weekly Bitcoin Trading Record According to data from Coin Dance, Venezuelans traded 2,454 BTC via Localbitcoins (the P2P trading platform) for the week ending February 9, 2018.

2019-2-12 08:00


Crypto Community, World At Large Is Puzzled At The True Value Of The Venezuela’s Petro Coin

What Is The True Value Of The Petro Cryptocurrency From Venezuela? To-date, the value of the petro—the cryptocurrency from Venezuela that is supported by its oil revenues is yet to be established. This is despite the fact that the cryptocurrency is actually recognized and backed by the Venezuelan government. Government sources who have been questioned […]

2019-1-4 20:03


Venezuela Continues to Drive the Petro Despite Ongoing Controversy

Reports coming out for Venezuela suggest that the government is now forcibly converting pensions from fiat to Petro, without the consent of their citizens. The Caracas Chronicles, which reports on Venezuelan issues in the English language, stated that On December 7, they [pensioners] got two messages and it seemed like the money for the pension […] The post Venezuela Continues to Drive the Petro Despite Ongoing Controversy appeared first on ZyCrypto.

2018-12-14 12:01


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


Venezuela to Introduce Petro to OPEC

The Venezuelan government remains firm in its decision to position Petro as an internationally recognized cryptocurrency, and although up to now the results have not been very noticeable, the government seems to be working hard on the consolidation of Venezuela as a crypto-nation (or at least that is what its announcements attempt to prove) In […] The post Venezuela to Introduce Petro to OPEC appeared first on Ethereum World News.

2018-11-12 22:43


National Bank of Ukraine (NBU) to Entertain a State-Backed Blockchain Cryptocurrency Tied To Local Fiat

National cryptos seem to have become something more common after the controversial Petro was launched by the government of Venezuela. Now, the National Bank of Ukraine has been considering to launch a new state-owned token that will be based on the blockchain technology, local media outlets report. The bank affirms that the “e-hrevnia” will be […]

2018-9-27 01:46


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