Venezuela Tells Citizens in Gov’t Houses to Stop Mining Crypto

Source: Adobe/Lane Erickson. The Venezuelan federal government is set to restriction crypto mining in government-provided real estate, per an official statement. The statement was made in a video tweeted by state-owned tv station VTV Canal 8. In the video, Ildemaro Villarroel, the Minister of Real estate, mentioned that the main federal government had actually released […]

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Trump’s Failed Policy Set The Stage For The Botched Venezuela Coup Attempt

It checks out like a plot ripped directly from a bad Hollywood script, or an agitprop network tv show failed: In the early morning hours of Sunday, May 3, a mangy team of expected mercenaries, backed by a small-time security consulting company in the United States, tried to raid Venezuela and remove socialist President Nicolás […]

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Three Reasons Why Valiu Picked Bitcoin Over Stablecoins in Venezuela

Source: Adobe/allexxandarx. In an effort to assist Venezuelans to store their cost savings in a more steady currency, Colombia-based fintech, Valiu, chose to indirectly utilize Bitcoin (BTC) instead of among the lots of readily available stablecoins. There are three reasons that BTC has won in this case. “Liquidity, business model, and regulatory advantages,” Sid Ramesh, […]

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