Venezuela

Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide

June 3, 2022 Bitcoin.com

Anguilla

Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges

June 3, 2022 Bitcoin.com

Binance

Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious activity, which could ostensibly lead to penalties of $15,000 for its customers. Sunacrip […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied

May 9, 2022 Bitcoin.com

bitcoin.com

The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation. However, the establishment of a 3% […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree

March 20, 2022 Bitcoin.com

bitcoin.com

The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat currency as a unit of account, […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence

March 13, 2022 Bitcoin.com

bitcoin.com

The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in a case where another court rolled back the seizure of more than 1,000 bitcoin […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Venezuela Will Peg Minimum Wage to Nation’s Cryptocurrency

March 4, 2022 The Crypto Briefing

Source: Crypto Briefing Go to Source Author: Brooks Butler

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Infura Mistakenly Leaves Venezuelan Users Without Metamask Support

March 4, 2022 Bitcoin.com

bitcoin.com

Infura, the service provider of Metamask, one of the most used smart contracts-based wallets, blocked the access of Venezuelans to the Ethereum blockchain. Reports about this happening circulated on social media, attributing it to the existence of sanctions that the infrastructure provider might have applied to Venezuela. However, Infura later stated this was the result […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset

March 4, 2022 Bitcoin.com

anarchy

Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

MetaMask, OpenSea Blocks Expose “Web3” Centralization

March 3, 2022 The Crypto Briefing

Source: Crypto Briefing Go to Source Author: Brooks Butler

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension

March 2, 2022 Bitcoin.com

bitcoin.com

Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region, damaging their capability to move funds, which is highly […]

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