Home Tags Petro

Tag: petro

Venezuela: New Bitcoin Trading Record as Biggest Bank Embraces Petro

News Venezuela’s largest bank, Bank of Venezuela (BDV), has added support for the country’s controversial Petro digital currency. Bank of Venezuela hints at crypto walletAs cryptocurrency news outlet Decrypt reports on Sept. 13, BDV clients have discovered a new section in their online banking ac..

Crypto News From the Spanish-Speaking World: Aug. 24-31 in Review

Local News The Spanish-speaking world saw a number major developments this week, with several companies accepting cryptocurrencies as a form of payment and the Venezuelan government making new claims about the use and acceptance of the controversial Petro coin. Here’s the past week of crypto and b..

US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela

News In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets. The United States’ hawkish move has been reflected in a new all-time-high for peer-to-peer trading volume on LocalBitcoins in the country. Trump takes ..

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions

Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay. Allegedly, Jetman Pay..

Venezuelan Gov’t Reportedly Dodges US Sanctions With Crypto in Airports

News Venezuela is reportedly choosing to use Bitcoin (BTC), not its own digital currency Petro, to circumvent United States sanctions in airports. According to a report in local news media outlet ABC on July 22, president Nicolas Maduro has authorized the use of an app which collects aeronautical ..

Venezuelan Petro Against US Sanctions: History and Use of the Crypto

In depth For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need for the utility. The South American country has hosted escalating political tension for years, as skyrocketing hyperinflation, electricity blackouts and shortages ..

Global Crypto War Is Heating up – Iran Next in Line With Its Own...

Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to..

Get in touch