Venezuela

Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters

Venezuela plans to back its national oil-pegged cryptocurrency, the Petro (PTR), with 30 million barrels of crude oil. Venezuelan President…

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Venezuela to Pay Retirees and Pensioners Christmas Bonus in Petro

Venezuelan President Nicholas Maduro announced that the Christmas bonus of the country’s retirees and pensioners will be paid to them…

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Turkey’s Unexpected Rise to the Top of Global Crypto Adopters

When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place…

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Crypto News From the Spanish-Speaking World: Nov. 10–16 in Review

In this week’s news from the Spanish-speaking world, a Venezuelan official claims that all currencies will be replaced by cryptocurrencies,…

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Venezuela President Maduro Is Not Pro-Crypto, He Just Likes Petro

Last week, the president of Venezuela, Nicolás Maduro, appeared on national television approaching a Trezor-branded stall at a local technological…

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EToro’s Crypto Exchange EToroX Lists Dash and Seven Stablecoins

Last week, the president of Venezuela, Nicolás Maduro, appeared on national television approaching a Trezor-branded stall at a local technological…

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Argentina Sets New Trading Record After Central Bank Bans Bitcoin Buys

Bitcoin (BTC) trading set new records in two of its most keenly watched South American markets last week, new data…

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Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV

Trezor says it is unaware of the alleged Trezor representatives who appeared on the Venezuelan national TV with the country’s…

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Venezuelans Made Lightning-Savvy Hardware to Use Bitcoin During Blackouts

On March 7, 2019, all the lights went out in Venezuela. Total blackout. While the electricity crisis was already part…

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Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America

Canadian startup Ledn, which offers bitcoin-backed fiat loans, now also offers dollar-pegged DAI loans, connecting bitcoin users with ethereum’s decentralized…

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