Venezuela

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Venezuela Begins Public Sale of National Cryptocurrency Petro

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The Venezuelan government has opened up an exchange desk for the country’s national cryptocurrency at the headquarters of the Superintendency of Cryptoassets. According to the government, investors can now purchase the petro with a number of fiat currencies and cryptocurrencies. Delegates from China have reportedly purchased some with yuan. Also read: Yahoo! Japan Confirms Entrance Into … Read more

Bitcoin Cash Association to Fund Eatbch Charity in $1,000 BCH per Month

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On Oct. 24, the community-driven Bitcoin Cash Association announced a new initiative where $1,000 worth of bitcoin cash will be sent to the two Eatbch campaigns in Venezuela and South Sudan every month. According to the nonprofit, the $1,000 will be divided between both organizations in order to help the Eatbch crew provide a solid … Read more

Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro

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Venezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The petro, which recently became a Venezuelan national currency, can now be purchased at the six exchanges, local media report. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Websites Authorized to Sell Petro The … Read more

U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro

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A bipartisan group of senators in the United States are seeking strong sanctions against Venezuela’s Petro. The proposed sanctions would extend an executive order from March to prohibit U.S. residents from providing software to the Venezuelan government in its efforts to launch the Petro. Also Read: Venezuela Demands Citizens Pay for Passports With Petro U.S. Lawmakers … Read more