Cryptocurrency Analysis and News Portal
A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies, smuggling oil, and disguising money flows for Russian oligarchs
Read More
Last month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the payment decentralized application’s community manager Yens Michiels about the company’s mission to provide access to stable currencies. More recently, Cointelegraph spoke to a couple of users based out of Venezuela and Colombia who shared their positive experiences with Reserve. Reserve is
Read More
A gubernatorial candidate from Venezuela has promised to offer scholarships for citizens interested to join the Technical Training Center for Mining and Administration of Digital Crypto Assets. José Alejandro Terán, the aspiring governor who represents the country’s ruling party, started the initiative as a part of the La Guaira Digital program,
Read More
Alejandro Machado is a co-founder of the Open Money Initiative, a non-profit research organization working to guarantee the right to a free and open financial system. He heads research efforts at Valiu, a crypto startup that serves Venezuelans. Venezuela is dollarizing: About 64% of transactions in the country take place in
Read More
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country.This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains
Read More
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses. Source
Read More
Venezuelan President Nicolás Maduro announced that this week the government will pay half a Petro to Venezuelan retirees and public workers as Christmas bonus.With a total of 4,500,000 retirees and 3,500,000 public workers, Maduro said in a speech on Dec. 15 that he expects to deliver half a Petro
Read More
A tweet from the Bitcoin for Venezuela Initiative (BFVI) on Sunday revealed the immense impact that the world’s largest cryptocurrency, Bitcoin(BTC)trade, is having in Venezuela. According to Bitcoin Venezuela, Bitcoin donations have helped to save the lives of thousands of people in Venezuela.Due to the policies of the present Maduro
Read More