Browsing Tag
Venezuela
15 posts
Venezuela cracks down on crypto mining to tackle energy crisis
Venezuela’s Ministry of Electric Power plans to cut off crypto-mining companies drawing power from the national power grid…
Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report
Venezuela’s state-owned oil and gas company PDVSA is reportedly planning to speed up its use of crypto, particularly…
Venezuela halting Petro crypto amid scandals and setbacks
Venezuela officially halts Petro crypto after six years, converting assets to bolivar. Petro faced scepticism and limited adoption.…
Venezuela’s oil-backed cryptocurrency Petro to shut down
Crypto wallets on the Patria website will cease operations on Jan. 15, with the remaining Petro converted to…
Latin America crypto wave helps offset economic instability
A recent report from Chainalysis illuminates this grassroots crypto adoption across Latin America. Brazil, Argentina, and Mexico have…