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Nalezeno "Petro": 97

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin


Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...

Iran Is Being Targeted for Economic Independence, Not Terrorism


New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...

VERDAD is the Most Dangerous Crypto Bill to Face Congress Yet


The U.S. Congress is considering more than 20 bills on cryptocurrency. One deserves special attention: S.1025, the Venezuela Emergency Relief, Democracy Assistance and Development Act (VERDAD). “Verdad” is Spanish for “truth.” If VERDAD passes, it will be the first time...

Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money


There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust...

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....

Venezuela Government Orders The National Bank To Accept Petro


Nicolas Maduro, the Venezuelan president, has ordered the principal financial organization, Banco de Venezuela, to receive Petro (PTR), the virtual currency of the country. The news surfaced on 4th July on Tweeter. This is an aggressive step taken by the Maduro government to promote Cryptocurrency...

INEOS Announces Plan to Invest $2 Billion in Saudi Petrochemical Project


After the whole Jamal Khashoggi affair, there was worldwide outrage about the Saudi leadership and many investors made noises about not doing business in the country ever again. However, the tide has definitely turned over the course of 2019, and big-ticket investment is continuing to flow into...

Crypto Adoption Strong in Venezuela Despite Political Chaos


The political tension in Venezuela has affected local cryptocurrency adoption. While there are roadblocks, many crypto-advocating projects continue to thrive in the country. News.Bitcoin.com takes a deep look at the current situation in Venezuela, crypto adoption efforts and how the recent...

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