The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours after applying this measure, the bolivar lost more than 20% of its […]
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation. Rigs Are Presumably ASIC […]
Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other cryptocurrencies must now apply for a license from the agency. According to a report, […]
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Cryptocurrency usage has been expanding globally and a new survey confirms that trend. The poll conducted by Statista shows that the citizens of troubled countries tend to exploit the benefits of decentralized digital money far more readily than the citizens of thriving nations. Also read: VPN Providers Defy Order to Connect to Russia’s Internet Censor […]
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For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism. Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ […]
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American ATM network Athena Bitcoin is continuing its aggressive expansion in Latin America, with now 17 ATMs in five cities in Colombia. The company is sure the ATMs are a good investment but news.Bitcoin.com spoke to Colombians who were, if anything, baffled by the new machines. Also read: BCH Leads the Way as Crypto Markets Brighten […]
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In less than a year, eight months to be exact, Matt Aaron and his team have grown the Bitcoin.com Podcast Network (BPN) by 100 episodes. Covering everything from blockchain innovation and hype to the week’s hottest crypto news, all the while highlighting the ecosystem’s most interesting personalities, now BPN is expanding into Latin America with […]
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