1. Home
  2. Venezuela

Venezuela

Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions

Bitcoin.com
Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions
bitcoin.com
Crypto Neobank Wallbit Leaves Venezuela Due to SanctionsWallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country is currently facing, and that Venezuelans outside the country would continue to be served. […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions

Bitcoin.com
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions
bitcoin.com
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid SanctionsSome companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most popular use case for the stablecoin involves its purchase for devaluation shielding purposes, a handful of companies are also harnessing it in this way. Companies […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country

Bitcoin.com
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country
bitcoin.com
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the CountryThe fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in the hands of the court after Congress rejected the veto […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment

Bitcoin.com
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
airlines
Spanish Airline Vueling to Accept Cryptocurrency as Means of PaymentVueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims to open this payment option for users by Q3 2023. Vueling […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Prices in Dollars Rose Almost 54% in Venezuela During 2022

Bitcoin.com
Prices in Dollars Rose Almost 54% in Venezuela During 2022
Asdrubal Oliveros
Prices in Dollars Rose Almost 54% in Venezuela During 2022Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close to 54% during 2022, affecting the income and savings of Venezuelans that have been using the U.S. dollar as an inflation hedge. Prices Grow Even […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin

Bitcoin.com
Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin
airtm
Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native StablecoinAirtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its platform. The company stated that starting Jan. 4, 2023, all cryptocurrency deposits and withdrawals would be paused due to the changes in the service offer of one of its providers. Airtm Removes Cryptocurrency Trading Options […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government

Bitcoin.com
Disputed Venezuelan Gold Worth .8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
31 tonnes
Disputed Venezuelan Gold Worth .8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim GovernmentThe status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of the interim government of Juan Guaido. The 31 tons of gold have been the subject of dispute between the current president Nicolas Maduro and Juan Guaido since 2019, when Guaido integrated a […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability

Bitcoin.com
Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability
bank accounts
Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency StabilitySudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange market. Analysts have recently linked the situation in peer-to-peer (P2P) crypto markets to the recent drop in the value of the bolivar. Venezuelan Government to Monitor […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities

Bitcoin.com
Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities
accounts
Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related ActivitiesVenezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm in Venezuela, more than 75 accounts have been blocked by Venezuelan private banks for facilitating crypto-to-fiat and fiat-to-crypto conversions since the end of 2021. Venezuelan […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes

Bitcoin.com
Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes
Alberto Fernandez
Argentine Peso Plunges to a 5 Month Low Amid Legal and Political WoesThe Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related payments, and the battle between President Alberto Fernandez and Argentine courts. […]
Read more
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

WordPress Theme by cactus.com
Close

Share this video