Nicolas Maduro

Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin

Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the…

Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of…

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 Decrees Crypto Operators Must Pay Taxes in Cryptocurrencies

The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in…

Maduro’s Promotion of the Petro Yet to Yield Results

Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is…

Fundraiser Aims to Raise $1M in Cryptocurrencies for Venezuelans

A cryptocurrency “airdrop” fundraiser has been launched to help Venezuelans. People are donating funds via a number of different coins…

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