Crypto remittances are growing in Latin America, particularly in the wake of other remittance platforms shutting off access to some markets.
Rising inflation and economic crisis caused by COVID-19 pushed regional bitcoin trading volumes to a record high.
Pizza Hut in now accepting cryptocurrency as a payment option, but there is a catch. To take advantage of this offer, you would have to travel to Venezuela. As one of the oldest pizza chains in the country, Pizza Hut will now allow its Venezuelan customers to pay for their purchases using Bitcoin...
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The National Superintendency of Securities of Venezuela has authorized the operation of a decentralized (DeFi) electronic exchange known as BDVE. This pilot program is being touted as the "world's first decentralized stock exchange." This project from Venezuela is a DeFi project on the Ethereum network that will be tested in the next 90 days. Users will be able to buy...
All crypto mining businesses need to register with the government.
Regulators in Venezuela have introduced a mandate that will regulate all Bitcoin and crypto mining. The new rules have been published in Venezuela's Official Gazette, file #41,969. The New Rules Though the mandate legalizes mining, all residents who want to mine Bitcoin must first obtain a license from SUNACRIP,...