P2P payments spurred crypto adoption across Venezuela in 2021
Venezuelans tried to fight inflation this year by using cryptocurrencies on an unprecedented scale in the country.
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Venezuelans reportedly hit by new Bitcoin tax of up to 20%
Bitcoin adoption has been on the rise in Venezuela in recent years amid hyperinflation and the national currency crisis.
Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions
The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called…
Digital Denarius: How a crypto revolution could have saved the Roman Empire
As Venezuela and Iran find themselves caught up in the cryptocurrency revolution, could this have saved the Roman Empire from crumbling into infighting and crippling inflation?
Paraguay moves a step closer to regulating digital currency
A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay.
Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods
Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions.
BCH House Venezuela Shows Real Cryptocurrency Adoption in First Documentary
BCH House Venezuela, an adoption organization, has published its first documentary on social media, where it shows the way in which Venezuelans are using cryptocurrency as a means of exchange.…
Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting…
Venezuelans promised Axie Infinity scholarships for crypto training courses
The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country.
Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent…