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Venezuelan Crypto-Friendly Freelancing Platform Emerges Amid Economic Crisis, US Sanctions
10.12.2020
More cryptocurrency solutions keep appearing on the scene for Venezuelan residents as U.S. sanctions weigh on Nicolás Maduro’s government, including heavy restrictions on the circulation of foreign exchange transactions, driving people to find on crypto a way to circumvent such hurdles...
Venezuelans are running out of crypto P2P trading options
15.9.2020
What will happen to foreign P2P marketplaces operating in Venezuela?
Venezuelans Look to Crypto Dollars for Financial Security
31.8.2020
Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...
What Venezuelans Think About Bitcoin and American Media
15.8.2020
Venezuelan journalist Javier Bastardo and CoinDesk’s Leigh Cuen talk about cryptocurrency and the American media industry
Online Data Analysis Points to Venezuela Accepting BTC for Passports
26.6.2020
During the last week, a number of bitcoiners have been discussing Venezuela’s Administrative Service for Identification, Migration, and Foreigners, also known as SAIME accepting bitcoin payments for passport applications and renewals. A number of crypto journalists couldn’t confirm...
Some Venezuelans May Be Able to Pay for New Passports Using Bitcoin
24.6.2020
Venezuela’s government reportedly accepts Bitcoin as a payment method for some passport applications
Venezuelans Now Can Pay for Petrol in Fiat or (State-issued) Crypto
2.6.2020
The Venezuelan government has announced that drivers can now fill their gas tanks with fuel – and pay using foreign currencies or the state-issued cryptoasset the petro (PTR).
Caracas made its announcement over the weekend, and the measure became effective as of June 1, per a tweet from state-owned...
Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
19.5.2020
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...
Venezuelans Use Bitcoin as Gateway to Buy Foreign Fiat - Research
27.3.2020
Bitcoin (BTC) continues to boom in Venezuela – but only because it is helping citizens buy hard-to-purchase foreign fiats, says an industry observer.
As previously reported, trading volumes on peer-to-peer (P2P) platform LocalBitcoins have spiked again in recent weeks.
In a report from the Open...
Banking Shut Down Drives Crypto Adoption Among Venezuelans
19.3.2020
Venezuela is one of several South American nations to see growing P2P crypto amid strict coronavirus quarantining measures
Venezuelans Selling Petro on LocalBitcoins at Half the Official Price
22.1.2020
Venezuelans have turned to LocalBitcoins to sell their airdropped Petro
Venezuelans Flock to Stores in their Droves to Spend Petro Payouts
30.12.2019
An associative picture. Opinion in Venezuela is divided on the subject of the country’s state-run cryptocurrency, the Petro, as citizens continue to queue around the block for “up to seven hours” at crypto-friendly stores.
Per a report from AFP, via El Dia, some citizens have expressed their...
Authoritarian Airdop: Maduro ‘Gifts’ Petros to Venezuelans for Christmas
16.12.2019
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses
Christmas Bonus?: Maduro’s Gov’t Promises 8M Venezuelans Half a Petro Each
16.12.2019
Maduro promises half a Petro each to more than 8 million Venezuelans
Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus
21.11.2019
Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also...
Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions
12.11.2019
Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent...
Bitcoin Cash House Launches Crypto Hub in Venezuela
10.11.2019
A new crypto resource has emerged in Barquisimeto, Venezuela, for Venezuelans interested in learning about Bitcoin Cash and cryptocurrencies. The project, called Bitcoin Cash House, is the brainchild of Roberto Garcia and is sponsored by Bitcoin.com and Sideshift.ai. It exists as a physical...
Venezuelans Made Lightning-Savvy Hardware to Use Bitcoin During Blackouts
1.11.2019
Locha Mesh is building software and hardware for connecting to bitcoin's Lightning Network – even when the power's out
Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto
26.9.2019
The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash...