2023-06-22
Venezuela's ban on crypto mining is effectively killing the industry Maduro worked hard to promote. An estimated 75,000 mining units-mostly focused on Bitcoin-have been disconnected since March: https://www.bloomberg.com/... by @NicolleYapur @inaitriago
Bloomberg
Venezuela's temporary crypto mining ban is killing the industry that President Maduro promoted; ~75K mining equipment units were disconnected since March 2023
Bloomberg :
2020-11-12
In Venezuela, money transfer services are enabling what may be the world's first digital dollarization: https://www.bloomberg.com/...
Bloomberg
Venezuela, in the depths of a financial crisis, has seen usage of P2P payments app Zelle, owned by seven US banks, surge as people turn to USD for transactions
When Federico Suárez made an overnight trip to Valencia last month to visit his boyfriend, the 24-year-old Caracas-based lawyer was in the mood to splurge. Tweets: @bw , @gilmanhil...
2019-09-30
Exclusive: Venezuela's central bank is running tests to determine whether it can hold cryptocurrencies in its reserves, pressured to help PDVSA unload recent Bitcoin and Ethereum payments https://www.bloomberg.com/... w @AlexVasquezS
Bloomberg
Sources: Venezuela is evaluating if it can count cryptocurrencies, like bitcoin it may have received from oil sales, toward the country's international reserves
Bloomberg :