11-14-2024 
petro
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30 September, 2023
Venezuela extends digital asset regulator Sunacrip’s reorganization by half year
Sunacrip was shut down in March, and its founding president, Joselit Ramirez, was arrested; President Maduro has extended the reorganization...
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28 March, 2023
Venezuela shuts down exchanges, BTC miners in fresh crackdown: report
Digital assets are at the center of a national oil scandal in which $20 billion is reportedly missing, with the...
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22 March, 2023
Venezuela reorganizes national digital assets department
Facing corruption charges, Joselit Ramirez was booted out from President Nicolás Maduro's Sunacrip, the agency overseeing the country's digital asset...
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23 October, 2022
US: 5 Russians, 2 Venezuelans charged with evading sanctions using virtual currencies
Seven people alleged to be criminal enablers of Russian oligarchs could land three decades in the U.S. jail over charges...
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11 February, 2022
Venezuela to levy 20% tax on digital currency transactions as adoption rises
To protect the bolivar, the government is reportedly going after digital currency users, imposing a 20% tax on BTC transactions...
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11 August, 2021
Venezuela to launch digital bolivar in October, slashes six zeros from currency
After years of experimenting with the controversial Petro digital currency, Venezuela is now set to launch the digital bolivar, the...
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2 March, 2021
Nicolas Maduro promises digital currency ‘surprise’ for Venezuela
President Nicolas Maduro recently told Venezuelans that his government is working on a digital bolivar, promising a big surprise announcement...
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13 August, 2020
Venezuela to accept taxes in Petro
The National Tax Harmonization Agreement will implement an information exchange and monitoring system for companies that will allow them to...
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7 June, 2020
Venezuela forces gas stations to accept petro amid petrol price hike
The government has started requiring all gas stations in Venezuela to sell petrol at a discount in exchange for Petro.
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3 June, 2020
Venezuelan digital currency chief wanted in US
U.S authorities have placed a $5 million bounty on Joselit Ramirez, the head of Venezuela’s digital currency agency. He joins...
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3 March, 2020
Rogue regimes embracing crypto to evade sanctions
Unfortunately, not all foreign states are using cryptocurrencies for reputable purposes.
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5 February, 2020
Scam Petro abandoned in Venezuela: Report
Merchants in Venezuela are refusing to accept payments in Petro crypto, claiming that exchanging the Petros for bolivars is difficult...
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