Tag Archives: Venezuela

[ad_2][ad_1] Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Cryptographic Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in the legal mining of bitcoin and other cryptocurrencies must now apply for a …

[ad_2][ad_1] Jorge Farias, CEO of Cryptobuyer, a company that "helps people in countries with high levels of hyperinflation" by providing them with convenient access to encrypted ATMs, revealed that the first bitcoin ATM (BTC) arrived in Venezuela. Farias, who is also the co-founder of PanaFintech, a Panama-based company that offers …

[ad_2][ad_1] 20 January 2019 00: 30 & nbspUTC | updated: 20 January 2019 at 00: 30 & nbspUTC Of& nbspRushali Shome Venezuela as a country has had an extremely close relationship with the cryptocurrencies, even the launch of its cryptocurrency Petro, supported by oil and sponsored by the government. However, …

[ad_2][ad_1] It is estimated that hyperinflation in Venezuela has reached a staggering 1.3 million percent in 2018. To reconcile prices on the run, the rich and technologically savvy have turned to the stock market and to cryptocurrency. Venezuela's deterrent economy turns people into cryptocurrencies Fueled by rich oil reserves, the …

[ad_2][ad_1] Venezuela is located at the center of one of the main financial tragedies of current history. The slow growth of 3000% in 2018, the lack of food and food, and the political-party chaos has made the nation into a dangerous state. In the midst of this disaster, the regulator …

[ad_2][ad_1] Economy Recognizing Venezuela's efforts to cope with inflation and sanctions through the creation of a public cryptocurrency, Russian officials have however rejected the proposal to use the oil-backed currency in bilateral trade. According to Russian media, Moscow has recently offered Caracas a series of measures to repair the country's …

[ad_2][ad_1] Leon Markovitz is a serial entrepreneur and a marketing professional. Born in Venezuela, he now lives in Israel, where he is studying and marketing stablecoin projects. I actually entered a cryptocurrency when I heard about Venezuela's stablecoin attempt, the petro, at the end of last year. The idea that …

[ad_2][ad_1] By the end of 2017, Venezuela had initially declared that an encrypted trading platform was emerging, the petro. The coin was presented in 2018 and was well ordered in use in numerous activities dissimilar to the well-known president of the country, Nicolas Maduro. Currently, before the World Trade Organization, …

[ad_2][ad_1] Venezuela is rejecting US sanctions before the World Trade Organization, including those imposed on its controversial cryptocurrency attempts. The complaint, presented at the end of last month and published this week, addresses a series of actions taken by the United States in recent years, states that the country violates …

[ad_2][ad_1] The Venezuelan government has published a new decree introducing the taxation for operations with cryptocurrency and foreign currency in its official newspaper on Monday 7 January. Decree n. 3,719, published in the official Gaceta edition n. 6.420, is accompanied by another decree that explains the regulatory framework underlying the …