Money supply in Venezuela is increasing faster than it ever has before, according to a report from Bloomberg. Currency supply in the country grew by...
Venezuela is finally getting ready to transition to the petro for oil sales next year. Last year, the country launched its own cryptocurrency that will be...
The former national treasurer of Venezuela was sentenced to 10 years in prison on Tuesday (November 27), Reuters reported. Alejandro Andrade, who for four years...
In Venezuela, citizens reportedly now need to use the country’s new Petro digital currency to pay for passports, Coindesk reported. A new passport will now...
The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. According to Reuters,...
Venezuela’s Petro cryptocurrency will be used to fund housing in the country, The Next Web (TNW) reported. According to reports, more than 30 businesses are working...
Though critics are saying Venezuela’s monetary overhaul will create chaos, the country’s president warned businesses not to slow operations during next week’s overhaul. According to...
Hyperinflation has driven the Venezuelan Bolivar to near uselessness. How are individuals supposed to save and manage money when their currency is hemorrhaging value? AirTM...
The Litecoin Foundation is making a second attempt at debit cards, City A.M. reported. According to a tweet from the creator of Litecoin, Charlie Lee,...