Venezuela

Venezuela

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Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis

In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.

(Carlos Becerra/Bloomberg via Getty Images)

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Crypto Adoption in Venezuela

Alejandro Machado, Open Money Initiative co-founder, with an update on crypto adoption in Venezuela.

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Bitcoin and Inflation: Everything You Need to Know

The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?

trash, money

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Bull Run Democracy, Revisited

In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets. What did we learn from these experiments?

An AirdropVenezuela event

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Crypto Remittances Prove Their Worth in Latin America

Crypto remittances are growing in Latin America, particularly in the wake of other remittance platforms shutting off access to some markets.

Dollar bills in the cash drawer of a bakery shop Caracas, Venezuela. (Matias Delacroix/Getty Images)

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Pizza Hut Venezuela Now Accepts Crypto Payments

The Venezuelan arm of the restaurant chain now accepts dash and bitcoin through CryptoBuyer.

GettyImages-1284947587

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US Government Enlists USDC for 'Global Foreign Policy Objective' in Venezuela: Circle CEO

The U.S. government is sending USDC payments to Venezuela using Circle and Airtm to bypass Nicolas Maduro, the nation's dictator.

Venezuelan opposition leader Juan Guaido was declared interim president by Venezuela's National Assembly in January 2019.

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Venezuela's Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

Venezuelan flag (Shutterstock/Modified by CoinDesk)

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Venezuela Rolls Out Ethereum-Based Stock Exchange to Help Skirt US Sanctions

The blockchain-based exchange comes as part of new measures announced by Pres. Nicolas Maduro in a bid to sidestep tough U.S. sanctions.

Nicolas Maduro, Venezuelan president

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Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool

The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.

President Nicolas Maduro