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Hilliard
11-14-2024
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Venezuela

Block reward mining legal in Venezuela—as long as they join national pool
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25 September, 2020

Block reward mining legal in Venezuela—as long as they join national pool

Any local block reward mining operator must first obtain a license from the government, and be listed on a government...
Venezuela blocks Coinbase in latest internet censorship
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11 September, 2020

Venezuela blocks Coinbase in latest internet censorship

The Venezuelan government has continued its internet censorship, with digital currency exchange Coinbase being the latest casualty.
Venezuelan gov’t blocks digital currency health bonus payments
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29 August, 2020

Venezuelan gov’t blocks digital currency health bonus payments

Over 60,000 healthcare workers may miss out on bonus payments after the Venezuela government blocked access to a local digital...
Venezuela to accept taxes in Petro
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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...
Venezuela military confiscate 315 mining rigs
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10 July, 2020

Venezuela military confiscate 315 mining rigs

The equipment is valued at $79,000, and its operator can face an $18,000 fine over unregistered block reward mining operations.
Venezuela forces gas stations to accept petro amid petrol price hike
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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.
Venezuelan digital currency chief wanted in US
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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...
Venezuela President Nicolas Maduro is now a wanted man
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27 March, 2020

Venezuela President Nicolas Maduro is now a wanted man

The U.S. Department of Justice accuses the leader of running a drug-trafficking that relied on digital currencies as payment.
Rogue regimes embracing crypto to evade sanctions
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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.
Scam Petro abandoned in Venezuela: Report
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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...
Venezuelans don’t want the Petro crypto
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24 January, 2020

Venezuelans don’t want the Petro crypto

Venezuelans are desperate to rid of the Petro crypto recently airdropped to them by the gov’t and are now selling...
Venezuela makes another attempt to revive petro
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16 January, 2020

Venezuela makes another attempt to revive petro

President Maduro has ordered all airlines operating from the capital Caracas to pay for fuel in the petro crypto as...