The exit deprives Venezuela’s crypto scene of its second-largest P2P exchange.
Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar
Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers.
Ukraine Leads Global Crypto Adoption, Chainalysis Says in New Report
Ukraine, Russia and Venezuela are the top three countries by crypto adoption in the world, according to Chainalysis.
Venezuelans Look to Crypto Dollars for Financial Security
Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people.
Chainalysis Report Shows Healthy Crypto Usage in Venezuela
The Venezuelan government’s push to create a cryptocurrency-centric economy appears to be working, but perhaps not in the way officials had hoped.
The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes
How crypto-powered Airtm is teaming with Venezuela’s opposition government to distribute $18 million in funds the U.S. seized from the Maduro dictatorship, featuring Airtm CEO Ruben Galindo.
What Venezuelans Think About Bitcoin and American Media
Venezuelan journalist Javier Bastardo and CoinDesk’s Leigh Cuen talk about cryptocurrency and the American media industry.
A Rare Glimpse Into How Crypto Is Really Used in Venezuela
After airdropping cryptocurrency to 60,000 users in Venezuela, AirTM survey results suggest how crypto is really used in the economically troubled nation.
Venezuela Is a Testing Ground for Digital Dollarization (and Zelle Doesn’t Like It)
With their economy crumbling from hyperinflation, Venezuelans are finding new workarounds to get hold of digital dollars.
US Offers $5M Bounty for Arrest of Venezuela’s Crypto Chief
The head of Venezuela’s state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement’s Most Wanted list.
Bitcoin in Emerging Markets: Latin America
Crypto adoption is up from Argentina to Venezuela, especially bitcoin and stablecoins like dai. But each market is unique.
Venezuela’s Maduro: Airlines Must Use Petros to Pay for Fuel
The state oil company will only accept petro for airplane fuel, per a new decree from Venezuela’s president.
Authoritarian Airdop: Maduro ‘Gifts’ Petros to Venezuelans for Christmas
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses.
Venezuela’s Maduro Says He Will Airdrop Half a Petro Each to Nation’s Civilians
Venezuelans including public sector workers, retirees and the military are set to receive a petro token handout this Christmas, so long as they register for the state’s crypto payments platform.
Venezuelans Made Lightning-Savvy Hardware to Use Bitcoin During Blackouts
Locha Mesh is building software and hardware for connecting to bitcoin’s Lightning Network – even when the power’s out.
Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America
Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America.
Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims
LocalBitcoins data is a starting point for research, but it isn’t conclusive evidence of grassroots adoption.
Venezuelan Migrants Are Using Bitcoin for Remittances, But There’s a Catch
For many of these bitcoin users, crypto payments are merely a last resort and fiat transfers are still generally easier.
Venezuela’s Maduro Mandates Petro Use in Funding of Social Housing Project
Venezuela’s president has ordered his pet cryptocurrency, the petro, to be used in funding an ongoing housing initiative.
Venezuelan Pharmacy Chain to Accept Cryptocurrency Payments
The retail pharmacy chain has 22 locations that will be equipped with dash-enabled payment systems.