Cointelegraph
News
Bitcoin buying is on the rise again in Venezuela, as hyperinflation in the country breaches 25,000%.
Opinion
Petro, e-Krona, FedCoin, CryptoRuble and more
Venezuelan president Nicolás Maduro has announced the creation of a Petro-fuelled crypto bank to support initiatives from Venezuelan youth.
Analysis
From friendly Canada to bans in Chile and Bolivia.
Local sources report that Venezuela has offered to give India a 30% discount on the sale of crude oil if they pay with Venezuela’s Petro coin.
Bitfinex has published a statement on the Petro coin, claiming that the platform will not support any tokens issued by the Venezuelan government.
Venezuela’s increasingly controversial Petro cryptocurrency was not offered to be used for Russian debt repayments, a Russian official says.
Follow up
US President Donald Trump issued an order on March 19 to effectively disallow American investors from participating in the ICO of the Venezuelan Petro.
US President Donald Trump introduces executive order, banning US citizens from buying Venezuela’s oil-backed digital currency, the Petro.
Tom Lee has pointed out in a recent Fundstrat report that BTC miners are just breaking even due to BTC’s relatively low price.
European banking bigwigs appear to be underwhelmed by the idea of digital currency, either decentralized or bank-issued.
Cambodia may be launching their own national cryptocurrency, taking a cue from Venezuela.
Why the cryptocurrencies are not saving the country in a crisis.
The Venezuelan government launches a free training course to teach its citizens how to buy, sell and mine cryptocurrencies following launch of Petro (PTR).
Poland’s Ministry of Foreign Affairs and Ministry of Finance have both denied claims that the country had expressed interest in trading in the Venezuelan Petro.
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Venezuela will issue the first 100M Petros, the national cryptocurrency tied to the value of a barrel of oil.
Bitcoin has hit $20k in record time, prices doubling in a month to produce almost 2,000% annual growth.
Infographics
Mining a single Bitcoin has its costs, but those costs in terms of electricity vary greatly in different countries.
Venezuela launched the pre-sale of the world’s first national cryptocurrency Petro (PTR).
Government-issued cryptocurrency seems to be a likely answer for countries that are looking to ban or regulate the likes of Bitcoin.
Venezuelans continue to turn to Bitcoin for survival, not speculation, as their national currency continues to die.