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Tag: Nicolas Maduro

Venezuela Pulls The Plug On Controversial Petro Crypto After Six Years

Advertisement &nbsp &nbsp Venezuela’s oil-backed Petro cryptocurrency will cease to exist starting Monday, as per press reports. After roughly six years of struggling to...

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Is Venezuela Shutting Down All Its Crypto Platforms?

The relationship between Venezuela and crypto has always been a bit wonky, and this month is no exception. The arrest of the nation’s superintendent...

Venezuela Regulator Shuts Down Some Cryptocurrency Exchanges and Mining Farms

Editor’s Note: This article has been updated to include a rebuttal from the CEO of Cryptobuyer denying rumors of the exchange closures (despite Cryptobuyer...

Venezuela’s Crypto Regulator, Targeted with $5M Bounty, Removed and Arrested

Joselit Ramirez, the top authority on cryptocurrency policies in Venezuela, has been removed from his position by none other than the President of the...

Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government

The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of...

Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability

Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have...

THE WILDEST (TRUE) BITCOIN & CRYTPOCURRENCY STORIES OF ALL TIME

Bitcoin has been around for over a decade now, and in this time it’s managed to become one of the most popular currencies across the globe. Following it’s legendary rise, it’s safe to say that there are plenty of people who developed avid interest in the cryptocurrency that have resulted in some truly incredible stories […]

The post THE WILDEST (TRUE) BITCOIN & CRYTPOCURRENCY STORIES OF ALL TIME appeared first on CryptoClarified.

South Korea Announces Testing of CBDC Right After Imposing a New Tax Framework; Is It a Coincidence?

Recently, the South Korean Finance Ministry announced imposing a 20% tax on cryptocurrency earnings. Curiously enough, the decision comes a couple of days before the announcement concerning the testing of the digital won. Is this a way to push people away from cryptos?

Prices of BTC, DASH, ETH, BNB, Increases Following TV Interest in Cryptocurrency

The major Venezuelan satellite television provider Simple TV has come out to announce that it will accept its subscription payment using a wide spectrum of cryptocurrencies starting with Bitcoin, Ethereum, Litecoin, Dash and Binance Coin. The news has triggered the prices of these coins to increase dramatically.

Can Cryptocurrencies Replace Fiat in the Future?

Cryptos are being adopted by governments and people globally much quicker as compared to bank cards or wire transfers. 

Will Dollarization Kill Bitcoin Trading in Venezuela?

Some Venezuelans turned to Bitcoin in lieu of easily accessible foreign currency. Now that Maduro’s government has accepted dollarization, will that change?

Venezuela military seizes 315 ASICs from local Bitcoin miner

It’s hard being a Bitcoin miner in Venezuela. Despite cheap electricity, and BTC mining being technically “legal” in the country, run-ins with the...

The Venezuelan Petro: Failed Digital Token or Diamond in the Rough?

It’s no secret that Venezuela’s economy is fraught with problems stemming from an ongoing political crisis and a shaky monetary policy. The country...

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