Last week, the president of Venezuela appeared on national television holding a Trezor wallet. Was it just a stunt? Last week, the president of Venezuela, Nicolás Maduro, appeared on national television approaching a Trezor-branded stall at a local technological fair. He seemed perplexed as to what exactly a hardware cryptocurrency wallet is supposed to do. […]
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Trezor says they have no official resellers in Venezuela after Nicolas Maduro appeared on a state-run TV station with what appears to be the Trezor hardware Bitcoin wallet. On Nov. 6, President of Venezuela, Nicolas Maduro appeared on state-run television station Venezuelan Television Corporation (VTV), holding a crypto hardware storage device allegedly developed by major […]
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Bittrex International’s trading platform to shut down in Venezuela and 30 other countries on Oct. 29, Cointelegraph en Español reports. Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries. No clear reason for the action In an email to Venezuelan customers, Bittrex International announced […]
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Experts in blockchain and crypto, central bank officials and researchers take on the question: Why do we need state-owned cryptocurrencies? There are several countries around the world that are developing national blockchain-based digital currencies — such as Venezuela and its state-owned Petro (PTR), China and its plans to issue a government-backed digital currency, etc. We […]
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The Cabinet of Germany answers a request from the parliamentary group at the Free Democratic Party regarding central bank digital currencies. The Cabinet of Germany and Germany’s central bank Deutsche Bundesbank are working together closely on issues related to central bank digital currencies (CBDCs). Awareness of global CBDC situation On Aug. 29, Germany’s federal parliament […]
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Venezuelan Superintendent of Cryptoactives Joselit Ramírez says a Petro remittances platform is live and operational, as well as secure and easy to use. National Superintendent of Cryptoactives Joselit Ramírez has announced that crypto remittance platform Patria Remesa is live and functioning. Radio announcement about the platform The Bolivarian Government of Venezuela reported the news on […]
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S7 Airlines processed over $1 million through their blockchain payment system in July. S7 Airlines, a member of major global aviation alliance Oneworld, processed over $1 million through its blockchain payment system for the month of July. S7 processed nearly $4 million in payments on its blockchain platform since January 2019 According to an official […]
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Venezuela is leading the crypto peer-to-peer BTC trade market, despite government efforts to drive adoption of its oil-backed cryptocurrency, Petro. For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need for the utility. The South American country has hosted escalating political tension for years, […]
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In a renewed effort to rescue the failing economy in Venezuela, President Nicolas Maduro has ordered the largest bank in Venezuela, Banco De Venezuela, to allow users to buy and trade his popular oil-backed cryptocurrency, the Petro (PTR). In his own words, “I hereby order that every branch of Banco De Venezuela opens exchange desks […]
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Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency El Petro at all its branches. Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July […]
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