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news - Venezuela to Increase Use of Bitcoin to Pay For Imports

Venezuela to Increase Use of Bitcoin to Pay For Imports

Venezuela plans to increase use of Bitcoin to purchase imports and bypass financial sanctions from the United States. According to insiders from the country’s central bank, “payments to co...

news - Venezuelan Hackers Who Stole Almost $2 Million Worth of Bitcoin Arrested

Venezuelan Hackers Who Stole Almost $2 Million Worth of Bitcoin Arrested

Venezuelan authorities have arrested two hackers who allegedly stole almost to $2 million worth of bitcoin from a local crypto exchange. The Venezuelan Scientific, Criminal, and Criminalistic Investig...

news - Pizza Hut Venezuela Now Accepts Crypto

Pizza Hut Venezuela Now Accepts Crypto

Pizza Hut Venezuela, one of the oldest restaurant chain, is now accepting bitcoin and other cryptocurrencies as payment. Accepting сrypto has been possible thanks to a partnership with Cryptobuy...

news - Venezuela Legalizes Crypto Mining. Miners Must Join ‘National Pool’

Venezuela Legalizes Crypto Mining. Miners Must Join ‘National Pool’

The government of Venezuela has legalized cryptocurrency mining with the caveat that all local miners have to obtain licenses from the government and to be supervised by regulators. There have also be...

news - Venezuela to Collect Taxes in Petro

Venezuela to Collect Taxes in Petro

The Bolivarian Council of Mayors in Venezuela signed “National Tax Harmonization Agreement”, including oil-backed cryptocurrency Petro as a means to collect payments of taxes and sanctions...

news - Venezuela Temporarily Allows Foreign Passports Applicants to Pay with Bitcoin

Venezuela Temporarily Allows Foreign Passports Applicants to Pay with Bitcoin

Venezuelan’s passport agency temporarily allowed passport applicants to pay using bitcoin this week. The option was seen on SAIME, Venezuela’s Administrative Service for Identification, Mi...

news - In Venezuela, Almost 15% of All Fuel Payments Made with Petro

In Venezuela, Almost 15% of All Fuel Payments Made with Petro

The Venezuelan government announced that almost 15% of all fuel payments at petrol stations across the country were made using the cryptocurrency petro. The rise in the use of petro comes during the f...

news - Venezuela’s Biggest Retail Chains Now Accept Crypto

Venezuela’s Biggest Retail Chains Now Accept Crypto

Venezuela’s biggest retail chains now accept leading cryptocurrency. Venezuelan citizens can now directly pay for goods or services through more than 20,000 PoS terminals across the country. Cus...

news - Nicolas Maduro Orders Bank of Venezuela to Sell Petro

Nicolas Maduro Orders Bank of Venezuela to Sell Petro

Venezuela’s President Nicolas Maduro has ordered the Banco de Venezuela (BoV), one of the nation’s largest banks to allow citizens to buy and trade El Petro, the state-issued cryptocurrenc...

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