US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro
Crypto News
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Crypto News
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US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro

btcethereumadmin - March 14, 2019

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s…

US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro
Crypto News
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Crypto News
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US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro

btcethereumadmin - March 13, 2019

The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro cryptocurrency. The Treasury announced Monday that its Office…

US Sanctions Moscow-Based Bank Accused of Financing Venezuela’s Controversial Petro
Altcoin
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Altcoin
48 views

US Sanctions Moscow-Based Bank Accused of Financing Venezuela’s Controversial Petro

btcethereumadmin - March 12, 2019

The U.S. Treasury has sanctioned Moscow-based bank Evrofinance, claiming it was the main international bank that helped finance Venezuela’s controversial oil-backed crypto. The United States Treasury Department…

Venezuelan Economist: Cryptocurrency Is ‘Good’ Money, Bolivars Are Not
Crypto News
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Crypto News
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Venezuelan Economist: Cryptocurrency Is ‘Good’ Money, Bolivars Are Not

btcethereumadmin - March 11, 2019

The adoption of cryptocurrencies in Venezuela, first due to hyperinflation and later due to dollarization, could come to play a role in the country’s economic rebuilding. At…

P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela
Crypto News
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Crypto News
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P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

btcethereumadmin - March 8, 2019

During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593…

Venezuelan Government Launches Crypto Remittance Service
Bitcoin
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Bitcoin
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Venezuelan Government Launches Crypto Remittance Service

btcethereumadmin - March 4, 2019

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…

P2P Markets Report: Iranian Localbitcoins Volume Gains 190% in a Week
Crypto News
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Crypto News
53 views

P2P Markets Report: Iranian Localbitcoins Volume Gains 190% in a Week

btcethereumadmin - March 2, 2019

The peer-to-peer (P2P) markets have seen a dramatic increase in Iranian and Indonesian trade activity, with both markets posting triple-digit volume gains in recent weeks. Localbitcoins volume…

Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit
Crypto News
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Crypto News
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Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit

btcethereumadmin - February 26, 2019

Venezuelan president Nicolas Maduro will be taken down today. At least his visage, painted on 1,000 bolivars by cryptocurrency-focused artist cryptograffiti, will be. The destruction of the…

Maduro’s Petro Becomes More Accessible, but Scrutinized by Venezuelans
Bitcoin
121 views
Bitcoin
121 views

Maduro’s Petro Becomes More Accessible, but Scrutinized by Venezuelans

btcethereumadmin - February 26, 2019

For a while now people were skeptical about the Petro network and questioned whether or not it even existed. Many Venezuelan citizens explained over the last few…

Venezuelan Explains How Bitcoin Saves His Family
Bitcoin
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Bitcoin
59 views

Venezuelan Explains How Bitcoin Saves His Family

btcethereumadmin - February 25, 2019

As the situation in Venezuela intensifies, a local bitcoin user details how he and his family use the cryptocurrency to survive the country’s ongoing crisis. Keeping all…