Retail merchants in Venezuela are refusing to accept Petro payments as hyperinflation is causing massive devaluation upon liquidation of the…
Many Venezuelans have been buying up Bitcoin in ever-increasing numbers to hedge against currency devaluation. An Unparalleled Currency Crisis Venezuela…
Around 6 to 8 million Venezuelans were airdropped half a Petro each by the government, with many trying to sell…
Venezuelan project Locha Mesh is developing devices to ensure crisis-struck regions are able to use crypto amid internet and electricity…
Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where…
Venezuela’s President Nicolas Maduro has authorized the opening of a casino at a luxury hotel in Caracas where bets must…
The state oil company will only accept petro for airplane fuel, per a new decree from Venezuela’s president. Post written…
The president of Venezuela, Nicolas Maduro, has announced that the state-owned PDVSA oil firm will sell 4.5 million barrels of…
A different view of cryptocurrencies post-crisis? ‘‘It was quite profound to see Bitcoin acting as a clear safe haven.” For…
According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for…
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