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Venezuela and Russia May Switch to Ruble After Trying ‘Petro’ Cryptocurrency

Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador...

Venezuela Pro-Bitcoin Opposition May Use Maduro’s Sanctioned Funds To Oust Him

Bitcoin adoption crucible Venezuela could end up using its own sanctioned funds to topple the government if plans go ahead for an “army”...

Venezuela Bitcoin Trading Record Underscores Fiat Currency Hyperinflation

Venezuela transacted more hyperinflated bolivars for bitcoins than ever before last week — but actual Bitcoin (BTC) volumes still decreased.  Hyperinflation Bites Bitcoin Traders Data...

Venezuela President Urges Investors To Buy Petro As Citizens Prefer Bitcoin

The president of Venezuela has issued an open call for foreign investors to buy up the country’s notorious state-issued cryptocurrency, despite international sanctions. Maduro...

Bitcoin Price Surge Sees Venezuela Hit Record Localbitcoins Highs

Bitcoin price highs last week had serious knock-on effects for some markets, with traders worldwide setting several new records. South America’s Record Bitcoin Trading Data...

Venezuela: Maduro Administration Targets Bitcoin Remittance

The Venezuela government is reportedly making a move towards collecting fees on Bitcoin remittance payments in the country. This step comes as the...

Venezuela: Bitcoin to the Rescue as US-Led Visa, Mastercard Boycott Looms

With the United States government threatening to prohibit payment companies from processing transactions in Venezuela, citizens may be forced more than ever before...

Bitcoin Trading Plummets in Venezuela Blackout as Government Struggles to Pay Money Printers

Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact.  Bitcoin...

Venezuela Traded Over $60M in Bitcoin Already in 2019

LocalBitcoins users in Venezuela spent nearly 160 billion VES buying 16,642 BTC in the first two months of 2019. At today’s price, those...

Venezuela Gets $1M Bitcoin Aid Project As Trading Records Continue

A new project by cryptocurrency wallet platform AirTM and artist cryptograffiti is aiming to raise $1 million in aid for Venezuelans via an...
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