Venezuela

As Hospital’s Crumble, Venezuela’s President Airdrops Petros to Doctors

Nicolas Maduro, a former bus driver and Venezuela’s sitting president, has announced a campaign to support his country’s medical staff…

Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part…

Venezuela’s Struggling Internet Could Make Crypto Trading Tough

The global coronavirus lockdown has put a strain on Venezuela’s internet, which could logically make crypto participation difficult. As much…

No Evidence of Crypto-Related Charge in Maduro Drug Cases

Several Venezuelan leaders recently came under fire for alleged criminal acts, although, contrary to initial impressions, the situation did not…

National Digital Currencies: Not Yet Too Big to Fail

Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The…

Banking Shut Down Drives Crypto Adoption Among Venezuelans

Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of…

Venezuelans Selling Petro on LocalBitcoins at Half the Official Price

Venezuelans are reportedly selling the state-launched Petro (PTR) cryptocurrency that was airdropped to them recently. Though the government claims to…

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