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Tag: Venezuela

Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023

July 8, 2024 wp-bot Bitcoin News

The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the

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Crypto remittances in Venezuela surge as economic situation worsens

July 5, 2024 wp-bot Cointelegraph

Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.

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Ledn Co-Founder Mauricio Di Bartolomeo States Crypto Will Be a Determinant Factor on Latam Elections: ‘People Want Bitcoin’

June 29, 2024 wp-bot Bitcoin News

Mauricio Di Bartolomeo, co-founder and CSO of Ledn, a Canada-based bitcoin lending platform, stated that Latam citizens are shifting to elect governments supporting bitcoin as

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Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions

June 17, 2024 wp-bot Bitcoin News

According to Venezuelan dissidents and cryptocurrency analysts, the government of Venezuela is likely to keep using crypto to bypass the returning sanctions on oil and

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Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining

May 27, 2024 wp-bot Bitcoin News

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over

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Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

May 26, 2024 wp-bot Bitcoin News

Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The

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