Latest Posts with venezuela tag

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Venezuela Legalizes Crypto Mining, With Some Big Restrictions

24 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan

Local news outlet Criptonoticias on September 22 reported that the nation had legalized cryptocurrency mining, albeit with several caveats. The regulation comes with several conditions, failing to adhere to these conditions could result in penalties...

Peer-to-Peer Cryptocurrency Marketplace Paxful Ends Service to Venezuela Citing US Sanctions

15 Sep 2020 2 minute read 9 comments TheDesertLynx

Peer-to-peer cryptocurrency marketplace Paxful announced an end to its support for Venezuelan customers. This comes in response to US sanctions against the country and the associated regulatory complications. Announced this week, Paxful indicated i...

Venezuela bans mining in "public housing"

13 Sep 2020 1 minute read 6 comments Gamma

Venezuela bans mining Minister Ildemaro Villarroel said the ban was there to "promote" a responsible and moderate use of electricity.... It sounds like a bad joke, but it's not. It's real.   After having forbidden their citizens to use crypto-money...

Venezuela blocks Coinbase and MercaDollar

11 Sep 2020 1 minute read 2 comments Gamma

Venezuelans are starving Internet service providers block the Coinbase and MercaDollar websites at the request of the government... Imagine that tomorrow your funds will be blocked at coinbase and that you will not be able to access them anymore... T...

Venezuela update - 439 Bitcoins traded last week

17 Aug 2020 1 minute read 0 comments Permabull

Checking last week's statistics, 439 BTC were traded in Venezuela on LocalBitcoins. The number is a bit down from 445 BTC, traded the week before, buying and selling BTC/FIAT. 439 BTC is over 1,400,000,000,000 Bs. (Bolivares). One Bitcoin (BTC) is...

Venezuela update - 445 Bitcoins traded last week

10 Aug 2020 1 minute read 0 comments Permabull

Checking last week's statistics, 445 BTC were traded in Venezuela on LocalBitcoins. The number is a bit up from 439 BTC, traded the week before, buying and selling BTC/FIAT. 445 BTC is over 1,400,000,000,000 Bs. (Bolivares). One Bitcoin (BTC) is cu...

The Venezuelan crisis that pushed the citizens of Venezuela to adopt Bitcoin

9 Aug 2020 1 minute read 0 comments NassiroV

Image Source For the past 5 years or so, Venezuela has been shaken by an unprecedented economic crisis, and inflation is rising, hold on, at 41,838% per year! It is an absolute world record, which exceeds the hyperinflation record previously held by...

Venezuela update - 439 Bitcoins traded last week

3 Aug 2020 1 minute read 0 comments Permabull

Checking last week's statistics, 439 BTC were traded in Venezuela on LocalBitcoins. The number is a bit up from 436 BTC, traded the week before, buying and selling BTC/FIAT. 439 BTC is over 1,250,000,000,000 Bs. (Bolivares). One Bitcoin (BTC) is cu...

Documentary: Venezuela and the Cryptocurrency Revolution

30 Jul 2020 1 minute read 0 comments NassiroV

A great documentary that puts the spotlight on Venezuela and the crypto revolution.  Please feel free to subscribe to CryptoPlanet360 on Youtube to get the latest videos about Crypto projects and BlockchainSubscribe here: https://bit.ly/2NSkrOU You...

436 Bitcoins were traded in Venezuela last week

28 Jul 2020 1 minute read 0 comments Permabull

Checking last week's statistics, 436 BTC were traded in Venezuela on LocalBitcoins. The number is a bit down from 510 BTC, traded the week before, buying and selling BTC/FIAT. 436 BTC is over 1,000,000,000,000 Bs. (Bolivares). One Bitcoin (BTC) is c...