Caracas

Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation

Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place…

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic…

Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a…

Venezuela Wants to Use Petro to Finance Large Housing Program

Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to…

Sole Seven-Star Hotel in Venezuela to Accept Only Petro

A luxury hotel, offering breathtaking views of Caracas and the Caribbean coast, will be accepting only payments in Petro, Venezuela’s…

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