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Nalezeno "venezuelan": 153

Venezuelan Retailing Heavyweight Starts Accepting Bitcoin, Altcoins


Rattan Plaza. Source: A screenshot, Instagram/rattanplaza Rattan, a popular shopping outlet in Venezuela, has become the latest retailer in the country to announce it will start accepting payments in bitcoin (BTC) and a number of altcoins. Per a tweet from media outlet Criptolugares that...

Venezuelan Army Engineers Start Mining Bitcoin


Source: A video screenshot, Instagram/ejb_61brig Venezuelan soldiers are mobilizing. No, this is not the start of World War III – these troops are being put to work mining bitcoin (BTC) in the Nicolás Maduro regime’s latest, and possibly most audacious crypto-themed fundraising effort yet. Per...

Venezuelan Authorities Clamp Down on Off-The-Books Crypto Pay Vendors


Venezuelan tax agents on the prowl. Source: Twitter/@jdavidcabello Customers spending foreign currency and cryptoassets in Venezuelan stores have been warned to demand invoices and receipts in fiat bolivars, with the nation’s tax authorities worried that crypto pay and payment in overseas fiats...

Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners


Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...

UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England


The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...

Venezuelan Crypto Users Worried as Trading Options Become Limited


Venezuelans are increasingly finding their options slowly reducing when it comes to choosing crypto trading platforms, with many taking to Twitter to vent their fears and frustrations. Late on September 14, the peer-to-peer crypto exchange Paxful announced it was exiting the country, stating...

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro


Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed...

Venezuelan Soldiers Stop Truck Full of Antminer 9 Bitcoin Mining Rigs


The intercepted truck. Source: Twitter/@GNB_CZBolivar The Venezuelan military says it has intercepted a truck full of 315 cryptocurrency mining rigs. Per a tweet from the army’s official account, which also posted photos of the Chevrolet 350 truck – and its illegal cargo – the driver was unable...

UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold


The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from accessing the much-needed gold. England Denies Maduro Access...

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