Venezuelan Petro Payments May Be on the Rise
The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token. Go to Source Powered by WPeMatico
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United States Sets New Record for P2P Bitcoin Trading
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful. Go to Source Powered by WPeMatico
Dash Sees 100% Rise in Commercial Payments Through Latin American Partnerships
Dash has announced a 104% rise in commercial payments through Q1 2020, along with increased adoption, trading volume and price performance. Go to Source Powered by WPeMatico
Russia Leads Global BTC Trading on LocalBitcoins for 2nd Month in a Row
Russia tops global Bitcoin trading on P2P exchange LocalBitcoins amid local crypto regulation uncertainty. Go to Source Powered by WPeMatico
US Law Enforcement Promises $5M for the Capture of Venezuela’s Superintendent of Cryptocurrencies
U.S. Immigration and Customs Enforcement’s (ICE) and Homeland Security Investigations (HSI), has put out a bounty for $5 million for the arrest and conviction of Venezuela’s superintendent of cryptocurrency. Joselit de la Trinidad Ramirez Camacho is now added to America’s Most Wanted List, as he is accused of transgressing against U.S. sanctions and working with … Read more
US Government Puts Out $5 Million Bounty for Petro Supervisor
The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged sanction evasion schemes. Go to Source Powered by WPeMatico
Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime. Go to Source Powered by WPeMatico
Failing Monetary Policy Boosts BreadWallet’s Popularity in Venezuela, Says CEO
The co-founder of pioneering crypto wallet BRD attributes his company’s Venezuelan success to local demand for crypto driven by failing monetary policy. Go to Source Powered by WPeMatico
Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. Stores that … Read more
From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their own hard-earned savings. The news shows the great importance of censorship-resistant money and how … Read more
