Venezuela news and trends

Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering

April 29, 2024
Venezuela
BNPL App Cashea Grows in Venezuela Amid Pent-Up Demand for Credit
Buy Now Pay Later // December 01, 2023

Buy now, pay later (BNPL) app Cashea is reportedly experiencing growth as it provides a much-needed solution to credit-starved consumers in Venezuela. The app has gained more than 1.2 million clients in the country in just over a year, Bloomberg reported Friday (Dec. 1). The...

Peru Embraces Stablecoins amid Political, Economic Instability
Cryptocurrency // September 01, 2022

The interesting thing about reports that Peruvians are fast adopting crypto as a hedge against inflation and political instability, it’s that they’re doing so when those economic and social problems are fairly mild, at least compared to those of its neighbors that are doing the...

Bitcoin Daily: Venezuela’s Simon Bolivar Int’l Airport to Accept Crypto for Flights; BitPay, Wix to...
Bitcoin // October 12, 2021

Simón Bolivar International Airport, which is Venezuela’s largest airport and also known as Maiquetía, will add bitcoin, Dash and Petro as payment options for clients buying tickets, CryptoPotato reported. Petro is a Venezuelan government-issued digital asset. Airport Director Freddy Borges said in the report that...

Bitcoin Daily: Venezuela Pizza Huts Now Take Bitcoin; $4.2 Billion In Cryptos Seized By China...
Bitcoin // November 29, 2020

Pizza Hut will now accept cryptocurrency as a form of payment at its stores in Venezuela, Cointelegraph reported. Crypto merchant gateway firm Cryptobuyer announced in a tweet on Nov. 27 that it was partnering with the pizza chain to process cryptocurrencies, including Bitcoin, Litecoin, Binance...

Interviews & Exclusives
Letting The Air(TM) Out Of Venezuelan Hyperinflation

May 04, 2018
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 lets them convert their earnings to a stable currency such as USD via two-sided marketplace. Co-founder Ruben Galindo Steckel explains how it works.

Ripple Sizzles, Retail Sales Fizzle And PepsiCo Makes Digital Deliver

February 16, 2018
PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. According to PepsiCo CEO...

Quick Reads
Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering

April 29, 2024
Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. A Venezuelan opposition politician, Leopoldo Lopez, and a national security leader at New York-based blockchain data firm Chainalysis, Kristofer Doucette, released a report Monday (April 29) saying that democratic governments should set up structures to […]

BNPL App Cashea Grows in Venezuela Amid Pent-Up Demand for Credit

December 01, 2023
Buy now, pay later (BNPL) app Cashea is reportedly experiencing growth as it provides a much-needed solution to credit-starved consumers in Venezuela. The app has gained more than 1.2 million...

Bitcoin Daily: Venezuela’s Simon Bolivar Int’l Airport to Accept Crypto for Flights; BitPay, Wix to...

October 12, 2021
Simón Bolivar International Airport, which is Venezuela’s largest airport and also known as Maiquetía, will add bitcoin, Dash and Petro as payment options for clients buying tickets, CryptoPotato reported. Petro...

Bitcoin Daily: Venezuela Pizza Huts Now Take Bitcoin; $4.2 Billion In Cryptos Seized By China...

November 29, 2020
Pizza Hut will now accept cryptocurrency as a form of payment at its stores in Venezuela, Cointelegraph reported. Crypto merchant gateway firm Cryptobuyer announced in a tweet on Nov. 27...