(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...
Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. Venezuela's currency, the bolivar, lost nearly all its value last year as the ...
MARACAIBO, Venezuela (AP) — Erick Ojeda has no money. He returned to land almost empty-handed from an overnight trip fishing for shrimp. His sister and her newborn are waiting for him to pick them up ...
PDVSA shifts more transactions to USDT to prevent freezing of proceeds, moving away from traditional banking systems. New trading requirements by PDVSA mandate cryptocurrency holdings, affecting both ...
When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s ...
CARACAS, May 13 (Reuters) - Venezuelan legislators voted on Thursday to clamp down on foreign exchange trading, while President Hugo Chavez threatened to close financial brokerages, which he accuses ...
As Venezuelan President Nicolas Maduro faces growing U.S. military pressure and calls for his resignation, an old foe is ...
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