Tag: Venezuelan

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro […]

Street Artist Pascal Boyart Helps Venezuelan Creators Earn Crypto

Street Artist Pascal Boyart Helps Venezuelan Creators Earn Crypto Crypto-passionate street artist Pascal Boyart, well known in the space for being the first artist in his style to affix Bitcoin QR codes to his work, is now helping Venezuelan muralists and creators earn crypto. The Paris-based “Pboy,” also famous for […]

Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products

Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across […]

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay. Allegedly, Jetman […]

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar. Coincoin, a mining equipment supplier based in Caracas, is one of many […]

Venezuelan Government Launches Crypto Remittance Service

Venezuelan Government Launches Crypto Remittance Service The government of Venezuela has begun offering a cryptocurrency remittance service. Remittances can be sent using two types of cryptocurrency. The service was launched by the Superintendency of Cryptoassets and Related Activities, the country’s main crypto regulator, which has also set a monthly limit […]

Venezuelan Nonprofit Eatbch Celebrates First Anniversary Amidst Hyperinflation

Venezuelan Nonprofit Eatbch Celebrates First Anniversary Amidst Hyperinflation On Sunday, Feb. 10, the creators of the charitable organization Eatbch, a nonprofit food drive powered by bitcoin cash, celebrated its one-year anniversary. Eatbch has come along way since its inception feeding Venezuelans thousands of meals alongside branching out to other less […]