Venezuela Archives - Bitsonline
April 24, 2018 by Paul de Havilland 0 Comment
Venezuelans Shun Petro, Local Fiat for Bitcoin

Overlooking the state-issued petro, Venezuelans are turning to bitcoin as a way to access U.S. dollars and bypass the government’s...

April 6, 2018 by Vladimir Litvinov 0 Comment
Venezuela’s Petro Payment Proposal Puts Russia in an Awkward Position

The Russian government was puzzled by Venezuela's proposal to pay for spare parts for Russia-made KamAZ trucks in its state-backed...

March 27, 2018 by Akshay Makadiya 0 Comment
Sanction Busting 101 – Rubles for El Petro

The world’s first state-backed cryptocurrency, Venezuela's Petro, is convertible into several global currencies, including the Russian Ruble. El Petro was...

March 19, 2018 by Nick Marinoff 0 Comment
President Trump Bars Americans From Trading Venezuela’s Petro Currency

President Donald Trump has issued an order barring all U.S. residents from purchasing or trading the Venezuelan cryptocurrency known as...

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