Tag: Venezuela

Coincola Dash Venezuela

CoinCola Adds Dash to Leading Exchange: Offers Help to Venezuelans

Venezuela is rapidly becoming an exemplar of a socioeconomic basket case. More than a decade of wildly ineffective government policies have left the once prosperous nation in dire straits. CoinCola, a leading crypto exchange, recently announced they would be taking...

/ October 15, 2018 / 0 Comments
Venezuela Petro Coin

Venezuelans Forced to Use Petro Cryptocurrency to Cover Passport Fees

Imagine buying your passport with bitcoin, ether or XRP. It would be hard, right? You’d have to figure out the exact percentage of the coins to account for cents and uneven numbers, and even then, there’d be no guarantees that...

/ October 10, 2018 / 0 Comments
Argentina Bitcoin

Argentina Will Have 30 Bitcoin ATMs by the End of the Year

A new report suggests Argentina could be getting as many as 30 cryptocurrency ATMs by the end of the year. Digital assets have become a hot subject in South America, largely thanks to growing economic problems and inflation. The peso...

/ October 5, 2018 / 0 Comments
Venezuela Petro Coin

Venezuelan Petro Boasts Extremely Low Usage: Further Allegations of Being a Scam

Venezuela’s digital currency – the “petro” – is having a little trouble recruiting followers. Many analysts continue to claim that the currency is a scam, and the coin isn’t garnering the attention and usage government officials had in mind. The...

/ September 5, 2018 / 0 Comments
Venezuela Petro Coin

In Historic Move, Venezuela Pegs National Fiat Currency to Petro

It looks like Venezuela's sovereign crypto currency, the Petro, is making another historic first. Last week Venezuelan President Nicolás Maduro announced that his administration has decided to devalue the existing fiat currency, called the Bolivar Fuerte (Strong Bolivar) by 95%....

/ August 21, 2018 / 1 Comment
National Cryptocurrencies

National Cryptocurrencies: Russian Cryptoruble, Venezuelan Petro and Estonian Estcoin

Cryptocurrencies have been exploding in popularity in recent years all over the world. Individuals, as well as enterprises, are profiting from the increase in the cryptocurrency prices. Up till now, governments have been watching from the sidelines, watching what becomes...

/ March 7, 2018 / 0 Comments