A leading Venezuelan aviation academy announced its inception into cryptocurrency adoption after enabling bitcoin payments. Caracas Air is now accepting crypto payments for those who want to take any of their courses. Academy Started Its Operations in 2015 According to the announcement made by its CEO, Oliver Laufer, the academy will also offer discounts and […]
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Venezuela is reportedly paying companies in allied countries, including Iran and Turkey, with bitcoin to mitigate the effects of U.S. sanctions on its economy. The Venezuelan government is also planning to increase bitcoin usage now that it has a dedicated cryptocurrency mining center. Venezuela Uses Bitcoin to Pay for Imports Venezuela has been using bitcoin […]
The post Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions appeared first on Bitcoin News.
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Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached one of the highest rates of cryptocurrency usage in the world.” Cryptocurrency Adoption Soars in […]
The post Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index appeared first on Bitcoin News.
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Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed Venezuela’s National Tax Harmonization Agreement on Sunday, placing the cryptocurrency petro as the unit […]
The post 305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro appeared first on Bitcoin News.
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Venezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de la Patria). Also read: IMF Declares Global Recession, 80 Countries Request […]
The post Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela appeared first on Bitcoin News.
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