(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...
When President Nicolás Maduro launched the Petro in February 2018, it was marketed as a revolutionary instrument—a state-backed cryptocurrency ostensibly tied to Venezuela’s vast oil reserves that ...
In recent years, whispers of a secret Bitcoin reserve allegedly held by Venezuela have captivated the attention of investors, economists, ...
Venezuelan leaders face an unprecedented economic crisis, and their currency is almost worthless. So they created a new one. Venezuela’s government on Tuesday launched the world’s first sovereign ...
Nicolás Maduro helped make tether the world’s dominant stablecoin. And with the former Venezuelan leader now sitting in a Brooklyn jail, the cryptocurrency’s central role in his nation’s economy is ...
Cash-strapped Venezuela on Tuesday became the first country to launch its own version of bitcoin, a move President Nicolas Maduro celebrated as putting his country on the world's technological ...
Dec 17 (Reuters) - Foreign ‌currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming weeks after Washington ordered a blockade of oil tankers under ...
Bitcoin (CRYPTO: BTC) surged past its 50-day moving average as improving macro sentiment and potential Venezuela-driven oil supply shifts fuel a risk-on rally, though analysts warn the setup may not ...