Bolivar

Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability

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Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange market. Analysts have recently linked the situation in peer-to-peer (P2P) kripto trgi…

Crypto Exchange Coincoinx bo lansiral aplikacijo Crypto to Fiat Payments v Venezueli

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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. Servis, which is called Coinpago, will allow users to make payments in every store and retailer…

Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied

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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…