Venezuela

Venezuela

Videos

Venezuela Citizens Reportedly Using Gold Flakes to Pay for Goods and Services As Economic Crisis Deepens

In certain areas of Venezuela, some citizens are reportedly using flakes of gold as a means of buying goods and services amid the country facing hyperinflation. "The Hash" squad discusses the potential use cases of gold and crypto as the Venezuelan bolívar currency weakens in an ongoing economic meltdown.

Recent Videos

Policy

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)

Videos

Crypto Adoption in Venezuela

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

Recent Videos

Markets

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

Markets

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

Markets

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)

Finance

Pizza Hut Venezuela Now Accepts Crypto Payments

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

GettyImages-1284947587

Markets

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.

Finance

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)

Policy

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