Category: pdvsa
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National Exchanges Reportedly Pause Operations in Venezuela, as Attorney General Confirms Crypto Watchdog Sunacrip Involvement in Oil Sale Schemes
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Head of Venezuelan Crypto Watchdog Sunacrip Arrested on Alleged Corruption Charges; Institution to Face Restructuring
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Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions
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Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted
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Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension
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Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela
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Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar
President Maduro’s Venezuela is preparing to effectively adopt next week two official units of account – the nation’s crypto, El Petro, and the new petro-pegged bolivar that will replace the inflated national fiat. New salary and pricing mechanisms will be implemented as well, the country’s leftist leader promised. Also read: Malta Tops Exchange-Based Crypto […]
The post Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar appeared first on Bitcoin News.
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Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies
Bitfinex has announced that it will not list or transact Venezuela’s new “oil-backed cryptocurrency” or any other tokens that the country may issue in the future, citing U.S. sanctions. Meanwhile, the Venezuelan government has reportedly set the minimum investment amount for the petro initial coin offering. Also read: South Korea Clarifies Position After Reports of Possible […]
The post Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies appeared first on Bitcoin News.
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Venezuela Orders Government Services to Accept Any Cryptocurrency
Venezuela’s president Nicolas Maduro has ordered the country’s consular services, as well as several other services and gas stations, to accept any cryptocurrency including the nation’s own petro. In addition, he has announced the launch of another cryptocurrency, this time backed with gold. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Maduro’s Orders […]
The post Venezuela Orders Government Services to Accept Any Cryptocurrency appeared first on Bitcoin News.
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