Nicolas Maduro

Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering

Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering
Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering
April 29, 2024  |  Cryptocurrency

Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. Get the Full...

READ MORE >
US Mulls Banning Visa, Mastercard From Processing In Venezuela
US Mulls Banning Visa, Mastercard From Processing In Venezuela
March 15, 2019  |  Latin America

The U.S. might prohibit Visa, Mastercard and other financial institutions (FIs), such as SWIFT, from processing transactions in Venezuela. Get the Full Story Complete the form...

READ MORE >
Faulty Venezuelan Payments System Creates Delays, Chaos
Faulty Venezuelan Payments System Creates Delays, Chaos
September 05, 2018  |  International

The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. Get the Full...

READ MORE >
Venezuela Sells $735M In ‘Petro’ Crypto Presale
Venezuela Sells $735M In ‘Petro’ Crypto Presale
February 21, 2018  |  International

As Venezuela struggles with hyperinflation and its currency reaches record lows, the country has reportedly sold $735 million of its “petro” cryptocurrency during day one...

READ MORE >
Who Needs Gold? $5B In Oil Backs Venezuelan Cryptocurrency
Who Needs Gold? $5B In Oil Backs Venezuelan Cryptocurrency
December 29, 2017  |  International

Venezuelan President Nicolas Maduro has vowed to back the national cryptocurrency, Petro, with the country’s natural resource reserves. Get the Full Story Complete the form...

READ MORE >