Venezuela Archives

Venezuelans Voted Via Blockchain In Unofficial Anti-Maduro Referendum

December 17, 2020

Venezuelans voted via blockchain in unofficial anti-Maduro referendum. According to the Spanish media outlet ABC, over 6.5 million Venezuelans cast their votes through Voatz, the U.S. blockchain-powered platf...

Venezuelan Army Turns To Bitcoin Mining As Economy Collapses

December 1, 2020

Venezuelan army turns to bitcoin mining as economy collapses. The Venezuelan Army Engineering Brigade inaugurated the new Digital Assets Production Center of the Bolivarian Army of Venezuela." on Instagram. A...

Pizza Hut Stores In Venezuela Now Accept Bitcoin As Payment

November 30, 2020

Pizza Hut stores in Venezuela now accept Bitcoin as payment. In a Nov. 27 tweet from crypto services firm CryptoBuyer, the firm announced that Pizza Hut stores in the South American nation now accept crypto a...

Venezuela Sees First Blockstream Bitcoin Satellite Node

September 29, 2020

Venezuela sees first blockstream bitcoin satellite node. A Bitcoin services startup based in South America has just introduced the first Bitcoin node connected to the Blockstream satellite network within Vene...

Venezuelan Government Takes Control of Crypto Mining Industry

September 24, 2020

The Venezuelan government is trying to take control of the cryptocurrency operations in the country. It has recently legalized crypto mining, but also mandated miners to join the National Digital Mining Pool....

No, You Can’t Buy Venezuela’s Petro On Any Overseas Exchanges

September 22, 2020

A New York-based crypto exchange has listed a token with the same name as the Venezuelan state-issued asset, the Petro (PTR). In reality however, the two are entirely unconnected. Exchanges such as BitMart h...

Venezuela Blocks Coinbase, Remittance Platform MercaDolar

September 9, 2020

In the latest crackdown on overseas digital services, Venezuela has surprisingly blocked access to US-based cryptocurrency Coinbase and fiat remittance platform, MercaDolar. Brought to light on Tuesday eveni...

Venezuela Moving to Accept Taxes in State-Issued Crypto

August 12, 2020

Venezuela might soon mandate collecting taxes in Petro, the state’s digital currency, as the Bolivarian Council of Mayors have signed the “National Tax Harmonization Agreement.” The country’s vice president,...

Bitcoin Mining Operations Banned In Venezuela

July 19, 2020

Bitcoin mining operations banned in Venezuela. Venezuela's United Socialist Party has opted not to allow cryptocurrency mining in particular neighbourhoods, especially low-income areas with subsidized electri...

Venezuela Seemingly Accepting BTC For Passports

June 27, 2020

Venezuela seemingly accepting bitcoin for passports. The authority in charge of issuing Venezuela’s passports show that it accepted bitcoin (BTC) for applications and renewals last week. The rumours started w...