Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential
For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to […]
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American ATM network Athena Bitcoin is continuing its aggressive expansion in Latin America, with now 17 ATMs in five cities in Colombia. The company is sure the ATMs are a good investment but news.Bitcoin.com spoke to Colombians who were, if anything, baffled by the new machines. Also read: BCH Leads the Way as Crypto Markets Brighten […]
Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches […]
Alejandro Beltrán of Colombia’s largest cryptocurrency exchange, Buda.com, effectively shuttered by banks in the country refusing to do business with it, has written an open letter to the nation’s new president in the hope of winning a reversal. Iván Duque Márquez was elected last month, and has been quoted as embracing new financial technology. Also […]
Venezuela’s president Nicolas Maduro has ordered the country’s consular services, as well as several other services and gas stations, to accept any cryptocurrency including the nation’s own petro. In addition, he has announced the launch of another cryptocurrency, this time backed with gold. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Maduro’s Orders […]
