Venezuela

US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency

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A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies,…

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

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Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. El servicio, which is called Coinpago, will allow users to make payments in every store and retailer…

Venezuela apuesta por la desdolarización tras aplicación de impuesto sobre divisas y criptomonedas

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The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited…

Tribunal Supremo de Venezuela afirma que Sunacrip tiene rol estratégico, Anula la oración anterior

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The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in…

El poder de elusión de sanciones de Crypto: Por qué la neutralidad de Bitcoin es su mayor activo humanitario

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Redes descentralizadas como Bitcoin’s don’No conozco la lealtad nacional, solo saben matematicas. Y cuando tu’Estás intentando sacar tus ahorros de un cajero automático., o enviar un pago a familiares en un entorno devastado por la guerra, alguien más’La política es la última.…

Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions

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The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called the “large financial transactions” tax would collect up to 20% sobre…

Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela

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Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by Freddy Borges, Director of the Maiquetía International Airport, the institution would be working to include cryptocurrencies such as dash, bitcoin,…