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Bitcoin in Emerging Markets: Latin America
8.5.2020
Crypto adoption is up from Argentina to Venezuela, especially bitcoin and stablecoins like dai. But each market is unique
Confusion Reigns as Venezuela’s Petro Goes Offline for ‘Maintainance’
7.5.2020
Nicolás Maduro is the President of Venezuela since 2013, with his presidency under dispute since 2019. Venezuela’s troubled national cryptocurrency the petro (PTR) has gone offline, with petro transactions also apparently suspended at the small number of domestic exchanges that handle...
Three Reasons Why Valiu Picked Bitcoin Over Stablecoins in Venezuela
5.5.2020
In an attempt to help Venezuelans to store their savings in a more stable currency, Colombia-based fintech, Valiu, decided to indirectly use Bitcoin (BTC) rather than one of the many available stablecoins. There are three reasons why BTC has won in this case.
“Liquidity, business model,...
Latin American Markets Post Record P2P Volume in April
2.5.2020
Four Latin American markets have produced record trade activity on Localbitcoins during April
Famous Venezuelan Entertainer Quits Acting to Lead Controversial Crypto Startup
1.5.2020
Fernando Carrillo is looking for opportunities in the crypto sphere after a long-time career acting in TV and film
Argentina, Venezuela Seek Crypto-powered Solution to Economic Despair
24.4.2020
The coronavirus pandemic has sent much of the world into an economic tailspin – but for some South American nations, such as Argentina and Venezuela, financial turmoil predates the health crisis by several months. Now innovators in both countries have turned to blockchain technology...
Bitcoin-Backed ‘Cryptodollar’ to Combat Hyperinflation in Venezuela
24.4.2020
Valiu wants to combat Venezuelan hyperinflation and capital controls on remittances with a Bitcoin-backed synthetic dollar
Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
22.4.2020
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%....
Binance Latam Lists Bolívar Amid VE’s Struggling National Economy
17.4.2020
Major cryptocurrency exchange is now offering Venezuelan Bolivar for P2P trading in their platform
Top Venezuelan Exchange Launches Support for Offline Bitcoin Transfers
11.4.2020
Venezuelans who are not connected to the internet can now transfer crypto assets including Bitcoin, Litecoins, Dash or Petros
Venezuela’s Response to the COVID-19 Pandemic? More Petro!
10.4.2020
Venezuela’s economic situation – already perilous before the coronavirus pandemic – is now worsening due to the spread of the deadly disease. And with the fiat bolivar struggling, Caracas once again appears to be turning to its own, oil-backed token, the petro (PTR), in the search for economic...
Petro Couldn’t Save the Cartel of the Suns Conspiracy From the Sting of Sanctions
9.4.2020
The international sanctions effectively acted as an embargo isolating Venezuela economically, and Petro cannot help Maduro save the country’s economy
First Ontology Global Community Contributor – The Venezuela Blockchain
9.4.2020
The Ontology Global Community Contributor Program was introduced to the community earlier in the month of February this year. This program aims to build a better ecosystem. Ontology is happy to announce its first Ontology Global Community Contributor Node: Venezuela Blockchain. This organization...
Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela
4.4.2020
Venezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de...
As Hospital's Crumble, Venezuela's President Airdrops Petros to Doctors
3.4.2020
Venezuelan doctors will receive one Petro each as a bonus, even as hospitals face widespread shortages of vital resources
Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto
1.4.2020
The economic crisis may lead to a more decentralized world, in which blockchain technology can thrive, says Zetlin-Jones. Does the ongoing QE impact the crypto industry?
Venezuela’s Struggling Internet Could Make Crypto Trading Tough
28.3.2020
Venezuelans are facing slow internet times, which could make crypto trading difficult
No Evidence of Crypto-Related Charge in Maduro Drug Cases
27.3.2020
Charges against Maduro and other Venezuelan heads don’t involve crypto directly, three different lawyers say
National Digital Currencies: Not Yet Too Big to Fail
26.3.2020
What obstacles would national digital currencies face, and are there any benefits to launching them?
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...