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Venezuela Seems to Be Cracking Down on Bitcoin

It appears that the Venezuelan authorities have had enough of Bitcoin. Over the past two weeks, police in the Latin American country arrested eight...

Venezuela’s Inflation to Reach 1,600% in 2017, Spurring Demand for Bitcoin

The weakening economy of Venezuela under the regime of President Nicolas Maduro is forecast by the International Monetary Fund to reach a consumer-price inflation...

Bitcoin in South America: Why Venezuela Has an Active Bitcoin Mining Community

Bitcoin use in Venezuela and Brazil is increasing, but the populations use the currency in different ways.According to Rodrigo Souza, core developer at Blinktrade,...

Grounded Venezuelans May Want to Escape to Bitcoin

Venezuelans are having trouble flying in and out of their country. Spanish discount airline Air Europa has indefinitely stopped taking bolivars, the Venezuelan currency,...
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