Venezuela

Venezuela Ceases Petro Cryptocurrency, Ending Its Existence

Venezuela Ceases Petro Cryptocurrency, Ending Its Existence

Cindy DuttaJan 16, 20243 min read

Venezuela Ends Petro Cryptocurrency Amid Scandal and Limited Use Venezuela is discontinuing the petro cryptocurrency, which was launched by President Nicolas Maduro six years ago to…

Venezuela Abandons Petro Cryptocurrency Amid Scandals and Shake-Ups, Reverts Back to Bolivar

Venezuela Abandons Petro Cryptocurrency Amid Scandals and Shake-Ups, Reverts Back to Bolivar

Bernard NicolaiJan 15, 20242 min read

Venezuela Abandons Petro Cryptocurrency Venezuela has officially ended its petro cryptocurrency, which was launched six years ago by President Nicolas Maduro as a way to bypass…

Venezuela Abandons Petro Cryptocurrency, Reverts to Bolivar Amidst Scandals and Turmoil

Venezuela Abandons Petro Cryptocurrency, Reverts to Bolivar Amidst Scandals and Turmoil

Bernard NicolaiJan 15, 20242 min read

Venezuela Ends Controversial Petro Cryptocurrency Venezuela has officially terminated its petro cryptocurrency, which was launched by President Nicolas Maduro six years ago to bypass US sanctions.…

Shutting Down: Venezuela’s Petro, the Oil-Backed Cryptocurrency

Shutting Down: Venezuela’s Petro, the Oil-Backed Cryptocurrency

Noah RyptonJan 14, 20242 min read

Venezuela to Shut Down Petro Crypto The Venezuelan government has announced its decision to shut down Petro (PTR), the state-issued, oil-backed cryptocurrency. Despite its launch in…

Insights on Latam: Bukele Takes Lead Over Blackrock’s Bitcoin ETF, Argentina’s Bitcoin Lease Contracts Explained

Insights on Latam: Bukele Takes Lead Over Blackrock’s Bitcoin ETF, Argentina’s Bitcoin Lease Contracts Explained

Benito CormiJan 14, 20242 min read

El Salvador Leads the Way in Bitcoin Adoption Salvadoran President Nayib Bukele proudly announced that El Salvador was ahead of investment firm Blackrock in getting involved…

Insights on Latam: Solana’s Expansion to Brazil; Tether’s Ambition to Grow in Venezuela

Insights on Latam: Solana’s Expansion to Brazil; Tether’s Ambition to Grow in Venezuela

Benito CormiJan 8, 20243 min read

Solana Expands its Presence in Brazil The Solana Foundation, a nonprofit organization supporting the development of the Solana ecosystem, has announced its expansion into Brazil. They…

ExxonMobil Accused by Venezuelan Attorney General of Funding Essequibo’s Ballot Opposition via Cryptocurrency Support

ExxonMobil Accused by Venezuelan Attorney General of Funding Essequibo’s Ballot Opposition via Cryptocurrency Support

Benito CormiDec 8, 20232 min read

Venezuelan Attorney General Exposes Exxonmobil’s Use of Cryptocurrency in Plot Against Essequibo Claim Ballot The Venezuelan government has uncovered a conspiracy involving money laundering, cryptocurrency, and…

Exploring Crypto Adoption in Venezuela and Argentina: Unique Use Cases Highlighted as Brazilian Congress Recommends CZ’s Indictment

Exploring Crypto Adoption in Venezuela and Argentina: Unique Use Cases Highlighted as Brazilian Congress Recommends CZ’s Indictment

Benito CormiOct 15, 20233 min read

Argentina and Venezuela Utilize Crypto in Unique Ways, According to Chainalysis A recent article referencing Chainalysis’ 2023 Geography of Cryptocurrency Report reveals that Argentina and Venezuela…

Report: Latin America Emerges as Global Leader in Centralized Exchange Preference

Report: Latin America Emerges as Global Leader in Centralized Exchange Preference

Coinan PorterOct 15, 20233 min read

Latin America Prefers Centralized Exchanges Over Decentralized Exchanges, Says Chainalysis Report A recent report from blockchain analytics firm Chainalysis reveals that Latin America has a higher…

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