Venezuela

Venezuela bitcoin

Venezuela Uses Bitcoin To Avoid US Sanctions

Venezuela Uses Bitcoin To Avoid US Sanctions 1024 500 Crypto Rand Group

Venezuela has been facing many difficulties for years. First of all, the country is in the grip of an unprecedented economic crisis. This crisis is reflected in hyperinflation, which is…

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Venezuela crypto

Venezuela to Launch a Crypto Exchange

Venezuela to Launch a Crypto Exchange 1024 500 Crypto Rand Group

Venezuela gives in to the crypto trend – Crushed by the pressure of the US embargo, Venezuela is turning to cryptomoney. A few months after the creation of a national…

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venezuela cryptodollar

Fighting Hyperinflation in Venezuela With a Bitcoin Backed CryptoDollar

Fighting Hyperinflation in Venezuela With a Bitcoin Backed CryptoDollar 1024 500 Crypto Rand Group

Colombian-based cross-border remittance start-up Valiu has launched Bitcoin-backed synthetic U.S. cryptodollar as a means for Venezuela citizens to access stable assets and bypass the hyperinflation plaguing their national economy. It’s…

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Gold crypto atm

Former Gold mining company centralizing Bitcoin ATM infrastructure.

Former Gold mining company centralizing Bitcoin ATM infrastructure. 1024 500 Crypto Rand Group

First Bitcoin Capital Corp. wants to unite the providers of bitcoin ATMs around the world. A one-time Venezuelan gold mining outfit-turned multinational crypto startup, First Bitcoin registered with the Securities…

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venezualan bolivar

Venezuelan Bolivar Trading Volume Hits a New All-Time High

Venezuelan Bolivar Trading Volume Hits a New All-Time High 1024 500 Crypto Rand Group

The volume of Venezuelan bolivar traded against Bitcoin on the LocalBitcoins platform another all-time high last week amid rampant hyperinflation in the country. According to Bitcoin statistics website Coin Dance,…

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Virtual Coins

Venezuelans Fight Inflation Playing Online Games for Virtual Coins

Venezuelans Fight Inflation Playing Online Games for Virtual Coins 1024 500 Crypto Rand Group

Corruption, incompetence and sanctions have devastated Venezuela’s oil industry, the country’s main source of hard currency. But Venezuela’s economic crisis has encouraged the growth of another: the “farming” of virtual…

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barrels of oil

Venezuela backing Petro with 30M barrels of oil instead of 5B

Venezuela backing Petro with 30M barrels of oil instead of 5B 1024 500 Crypto Rand Group

Venezuela plans to back its national oil-pegged cryptocurrency, the Petro (PTR), with 30 million barrels of crude oil. Venezuelan President Nicolas Maduro announced that the oil inventories are sitting in…

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