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Venezuela May Soon Be Collecting Taxes in Crypto
12.8.2020
Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it
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...
Venezuelan Petro Payments May Be on the Rise
12.6.2020
The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token
Petro for Petrol, Karpeles' Guilt, Cotten's Ponzi, Frozen Bitmain + More News
12.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
The Venezuelan government says that 15% of fuel payments at petrol stations were made in petro (PTR) in...
US Law Enforcement Promises $5M for the Capture of Venezuela’s Superintendent of Cryptocurrencies
2.6.2020
U.S. Immigration and Customs Enforcement’s (ICE) and Homeland Security Investigations (HSI), has put out a bounty for $5 million for the arrest and conviction of Venezuela’s superintendent of cryptocurrency. Joselit de la Trinidad Ramirez Camacho is now added to America’s Most...
US Offers $5M Bounty for Arrest of Venezuela’s Crypto Chief
2.6.2020
The head of Venezuela's state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement's Most Wanted list
US Government Puts Out $5 Million Bounty for Petro Supervisor
2.6.2020
The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged sanction evasion schemes
Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
2.6.2020
Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime
Venezuela Appears to Have Hard Forked The Petro
16.5.2020
Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month
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...
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization
30.4.2020
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over...
How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?
23.4.2020
The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices.
But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that...
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%....
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
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
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?