India Rejects Venezuelan Crypto Despite 30% Discount
Crypto News
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Crypto News
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India Rejects Venezuelan Crypto Despite 30% Discount

btcethereumadmin - June 1, 2018

The government of India has formally rejected Venezuela’s state-backed cryptocurrency, the petro, despite an attempt to entice India with a 30% discount. Dependent on the Latin American…

Iran Sanctions: Citizens Use Crypto To Move $2.5 Bln Out Of Country
Bitcoin
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Bitcoin
16 views

Iran Sanctions: Citizens Use Crypto To Move $2.5 Bln Out Of Country

btcethereumadmin - May 10, 2018

Iran’s currency crisis in the wake of the US exit from the nuclear accord deal has brought crypto to the fore, at both gov’t and individual scale.…

Why Venuzeula’s Petro Was Always Doomed To Fail
Crypto News
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Crypto News
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Why Venuzeula’s Petro Was Always Doomed To Fail

btcethereumadmin - May 7, 2018

Making a sudden change to an established system is no small feat.  If the change is large enough, and the system in question broad enough, you can…

Sole Seven-Star Hotel in Venezuela to Accept Petro
Crypto News
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Crypto News
43 views

Sole Seven-Star Hotel in Venezuela to Accept Petro

btcethereumadmin - May 7, 2018

A luxury hotel, offering breathtaking views of Caracas and the Caribbean coast, will be accepting payments in Petro, Venezuela’s national cryptocurrency. According to President Maduro, the renovated…

Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining Farms
Crypto News
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Crypto News
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Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining Farms

btcethereumadmin - May 5, 2018

State news agency Telesur reports Venezuela president Nicolás Maduro has announced formation of a youth bank funded by the country’s recently launched cryptocurrency, the Petro. Mr. Maduro…

Venezuelan President Announces Petro-Fuelled Crypto Bank For Youth Initiatives
Altcoin
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Altcoin
40 views

Venezuelan President Announces Petro-Fuelled Crypto Bank For Youth Initiatives

btcethereumadmin - May 4, 2018

Venezuelan president Nicolás Maduro has announced the creation of a Petro-fuelled crypto bank to support initiatives from Venezuelan youth. Venezuelan president Nicolás Maduro announced the launch of…

Venezuelan President Launches Cryptocurrency-Funded Youth Bank
Crypto News
41 views
Crypto News
41 views

Venezuelan President Launches Cryptocurrency-Funded Youth Bank

btcethereumadmin - May 4, 2018

Venezuela is launching a youth bank to be funded by the state's controversial petro cryptocurrency. Announced Thursday by the country's president, Nicolas Maduro, the country will set…

Indian Exchange Postpones Repaying Stolen Bitcoins – No Permission From Authorities
Crypto News
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Crypto News
30 views

Indian Exchange Postpones Repaying Stolen Bitcoins – No Permission From Authorities

btcethereumadmin - May 1, 2018

India’s cryptocurrency exchange Coinsecure has announced that it cannot repay customers their stolen bitcoins at this time. The exchange claims that while investigations are underway, permissions are…

India To Get 30% Discount On Venezuelan Crude Oil If Paid For In Petro, Says Local Source
Altcoin
25 views
Altcoin
25 views

India To Get 30% Discount On Venezuelan Crude Oil If Paid For In Petro, Says Local Source

btcethereumadmin - April 30, 2018

Local sources report that Venezuela has offered to give India a 30% discount on the sale of crude oil if they pay with Venezuela’s Petro coin. Venezuela…

Venezuela Certifies 16 Cryptocurrency Exchanges
Bitcoin
44 views
Bitcoin
44 views

Venezuela Certifies 16 Cryptocurrency Exchanges

btcethereumadmin - April 30, 2018

The president of Venezuela, Nicolas Maduro, has announced the end of the pre-sale for the Petro, the country’s “cryptocurrency”. He claims it has raised the equivalent of…