AFTER a brief, almost fragile stretch of stability, Venezuela is bracing for yet ano­ther economic storm. A renewed US ...
For years, the government has tried to “protect” the Bolívar with strict controls. In an effort to influence exchange rates, ...
(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...
The Venezuelan government has imposed restrictions on accessing the world’s largest cryptocurrency exchange Binance, amid a controversy surrounding the presidential election results. What Happened: ...
Crypto exchange Kontigo has frozen US-bank services for its Venezuelan users, cutting off thousands of people who depend on the platform to store and move US dollars in an economy hit by ...
Countries around the world are grappling with inflation, and in many places, investors and everyday savers are turning to ...
A growing number of high-inflation economies are experiencing accelerated cryptocurrency adoption as citizens seek ...
CARACAS (Reuters) - Venezuela's opposition-run parliament on Tuesday outlawed a "petro" cryptocurrency promoted by socialist President Nicolas Maduro, calling it an effort to illegally mortgage the ...
When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s ...
CARACAS (Reuters) - President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's “petro” cryptocurrency, aimed at pulling the country ...