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“#Maduro regime seizes office of one of Venezuela’s last independent newspapers” The Maduro regime has taken over the offices of one of Venezuela’s last remaining independent newspapers — a move that throws the country’s efforts to cozy up to Washington into disarray. Venezuelan national guardsmen decked out in bulletproof vests raided El Nacional late Friday,…
“# Exploring Venezuela’s crypto ecosystem since the start of the pandemic ” In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela? Even before 2020, Venezuela already…
“# Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval ” Non-fungible tokens and high-yielding decentralized finance platforms have been the focus of attention in the cryptocurrency sector for the past few months. This intense focus on NFTs, DeFi and Bitcoin’s price action means that some investors have glossed over the fact that it…
“# Another crypto firm hit with fines for violating U.S. sanctions ” BitPay will have to pay the U.S. Treasury’s Office of Foreign Asset Control over half a million dollars for crypto services to sanctioned regions. In a Feb. 18 announcement of the settlement, OFAC said that BitPay had facilitated “approximately $129,000 worth of digital currency-related…
“# Venezuela ramps up Bitcoin payments for imports from Iran and Turkey ” According to an investigative report from RunRun.es, Venezuela intends to increase its use of Bitcoin to pay for imports to bypass financial sanctions imposed by the United States. RunRun.es, which was founded by Venezuelan investigative journalist Nelson Bocaranda, cited anonymous sources from…
“# Venezuelan army starts mining Bitcoin to make ends meet ” The regime of Nicolás Maduro continues to lean on crypto to keep economically solvent. Via Instagram, an engineering brigade of the Venezuelan army inaugurated the new “Digital Assets Production Center of the Bolivarian Army of Venezuela.” As the video shows, the center houses various…
“# Pizza Hut to accept Bitcoin for pies in Venezuela ” A famous U.S.-based pizza chain has begun accepting cryptocurrency payments in all its stores in Venezuela. According to a Nov. 27 tweet from crypto services firm CryptoBuyer, Pizza Hut stores in the South American nation now accept crypto as a form of payment for food…
“#Venezuelan sends Americans to prison — will Biden get them home?” Enlarge Image CITGO oil executives Jose Angel Pereira, from left to right, Gustavo Cardenas, Jorge Toledo, Jose Luis Zambrano, Tomeu Vadell and Alirio Jose Zambrano, standing outside the Bolivarian National Intelligence Service, in Caracas, Venezuela. AP A Venezuelan kangaroo court just found six executives…
“#Six American oil executives sentenced in Venezuela for corruption” Six American oil executives held for three years in Venezuela were found guilty of corruption charges by a judge Thursday and immediately sentenced to prison, dashing hopes of a quick release that would send them home to their families in the United States. Some relatives had…
“# Mexico’s second-richest man invests 10% of his liquid portfolio in Bitcoin ” Ricardo Salinas Pliego, the second-wealthiest man in Mexico, has revealed that 10% of his “liquid portfolio” is invested in Bitcoin (BTC). The billionaire shared a video captured in “a Latin country” depicting banks throwing out garbage bags filled with paper money into…