#Venezuela

Cryptos Act as Hope in a Hyperinflation-Striken Venezuela

May 22, 2019 by Mohammad Musharraf at Adoption, News

Venezuela’s inflation rate is expected to hit ten million percent in 2019. In this time, Venezuelans are struggling to afford two square meals a day. Online news outlet City News 1130 shared how nonprofit organizations are sending direct relief to people in Venezuela in cryptocurrencies and helping them escape the...

Cryptocurrencies and Bitcoin charted around a world map

ConsenSys Demographic Search Survey: Trends in Cryptocurrency and Blockchain

May 21, 2019 by Ashwath Balakrishnan at Adoption, Altcoins, Bitcoin, Blockchain, News

A search engine survey carried out by ConsenSys revealed the search break up for certain countries. The goal, as per the blog post, May 20, 2019, was to figure out whether Bitcoin, Ethereum, blockchain, or cryptocurrency were dominating consumer minds in a particular country. Bitcoin and Ethereum On Top Countries...

Coinbase Announces USDC Support for 85 More Countries

May 15, 2019 by Mohammad Musharraf at Adoption, Altcoins, Business, News

Coinbase has unveiled the expansion of its USDC on Coinbase and Coinbase Pro, which is now available across 85 countries. It also announced the addition of 50 new countries for trading cryptos on the exchange platform. This according to an official blog post, May 14, 2019, Rendering the Support of...

Colombian Traders Discussing Cryptocurrency Regulation Looking at Stocks and Graphs

Colombia Eyes Regulating Cryptocurrency Traders and Companies

May 15, 2019 by Mohammad Musharraf at Adoption, Development, News, Regulation

The Congress of the Rebulic of Colombia has proposed a bill to regulate cryptocurrency transactions and prevent crypto users from falling victim to growing frauds, this according to a report from Competition Policy International May 13, 2019. Preventing Traders from Frauds In January of 2017, Colombian regulatory body Superintendecia de...

Venezuela: First Bitcoin ATM Incoming amid Failing Economy and Sullen Petro

January 21, 2019 by Neil at Adoption, Altcoins, Bitcoin, Business, Finance, News, Regulation

In a country that many believe proves how fiat currencies can destroy an entire country’s infrastructure and economy, the first Bitcoin ATM in Venezuela will finally be installed, about two weeks from January 20, 2019. A Never-Ending Economic Crisis Venezuela actually tops the misery index thanks to the ongoing economic...

Venezuela Issues Decree Regarding the Payment of cryptocurrency and Foreign Fiat Tax

January 11, 2019 by Tokoni Uti at Altcoins, Business, News, Regulation

On January 7, 2019, the government of Venezuela published a decree detailing the process of taxation payment with regards to cryptocurrencies and foreign fiat currency. As cryptocurrency becomes more widely used, the subject of its taxation inevitably comes up. In places like the United States, the Internal Revenue Service has...

Brazil’s President promises to Open “black box” Amid Scrapping of Indigenous Cryptocurrency Project

January 9, 2019 by Tokoni Uti at Altcoins, Blockchain, News

On January 7, 2019, Brazilian President Jair Bolsonar tweeted that the government was going to open a "black box" into the operations of the national development bank, days after an Indigenous cryptocurrency project was halted. The Project In late 2018, there were plans by the Brazilian government to launch an indigenous...

three empowered people sitting in venezuela and receiving cryptocurrency

Coinbase Empowers Venezuelan Families With Cryptocurrencies During the Xmas Period

December 14, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Popular cryptocurrency exchange Coinbase recently donated $10,000 in ZCash (ZEC) to support the GiveCrypto.org project located in Santa Elena de Uairen by the Venezuelan border. According to Coinbase’s Medium blog post published on December 11, 2018, the digital exchange believes that donating cryptocurrencies will provide Venezuelan families many benefits which...

A Guide to Airdrops Part 2: Bombs Away! (Gold or a Grenade?!)

Zooko from ZCash Urges Community to Donate to AirDropVenezuela

December 11, 2018 by Liam J Kelly at Adoption, Altcoins, Bitcoin, Business, News, wallet

On December 10, 2018, the co-founder of privacy-oriented cryptocurrency ZCash asked community members to participate in AirdropVenezuela. The charitable venue promises to raise $1,000,000 to support 100,000 Venezuelan citizens as well as promote adoption of the cryptocurrency wallet Airtm. Cryptocurrencies Greatest Use Case Following the mass of reports regarding hyperinflation...

Venezuela Officially Launches State-Backed Petro, Passport Fees Now via Crypto-Only

October 8, 2018 by Cindy Huynh at Altcoins, Blockchain, Ethereum, Investment, News, Platform, Tech

Venezuelan President Nicolas Maduro officially launched the Petro, a state, and oil-backed cryptocurrency. According to the RT article published on October 8, 2018, while the goal of the state-backed cryptocurrency is to consolidate Venezuela’s economic stability, experts and analysts, however, remain skeptical and question whether oils and minerals back the...

Pages: 1 2 3 4