The Venezuelan government has officially announced the cessation of its national cryptocurrency, the Petro (PTR), effective January 15, 2024. Launched in 2018, the Petro...
A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization. The proposal, made by several former presidents of countries in Latam, reinforces the need for regional integration to overcome common problems in the area, including poverty. USAN Relaunch Proposal Includes […]
By Brian Ellsworth CARACAS (Reuters) - Venezuelan food delivery driver Pablo Toro has no stake in cryptocurrency or blockchain, but indirectly uses digital...
Bitcoin has been around for over a decade now, and in this time it’s managed to become one of the most popular currencies across the globe. Following it’s legendary rise, it’s safe to say that there are plenty of people who developed avid interest in the cryptocurrency that have resulted in some truly incredible stories […]
By Paresh Dave (Reuters) - Facebook Inc oversight board's extension of former U.S. President Donald Trump's banishment from the social network failed to...
Recently, the South Korean Finance Ministry announced imposing a 20% tax on cryptocurrency earnings. Curiously enough, the decision comes a couple of days before the announcement concerning the testing of the digital won. Is this a way to push people away from cryptos?
The major Venezuelan satellite television provider Simple TV has come out to announce that it will accept its subscription payment using a wide spectrum of cryptocurrencies starting with Bitcoin, Ethereum, Litecoin, Dash and Binance Coin. The news has triggered the prices of these coins to increase dramatically.
Some Venezuelans turned to Bitcoin in lieu of easily accessible foreign currency. Now that Maduro’s government has accepted dollarization, will that change?