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Tag Archives: Venezuelan

Venezuelan Online Grocery Stores Processes 80 Dash Transactions in One Day

Tu Pana Charcutero, an online store that sells groceries, delicatessen, and charcuterie has recently processed 80 Dash transactions in a single day. The online order book shows the amount purchased per order, exchange price, Dash discount, price in Dash, and transaction ID for the 80 orders paid for with Dash. José Manuel Da Silva, founder and representative of Tu Pana ...

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Venezuelan President Maduro Orders Banks to Adopt Crypto ‘Petro’

The president of Venezuela, Nicolas Maduro, has reportedly ordered banks in the South American country to adopt the oil-backed state cryptocurrency, the petro, as a unit of account, according to Agence France-Presse. Per a resolution passed by Sudeban, Venezuela’s banking sector regulator, financial institutions in the country will now be required to ensure that their financial information is reflected in ...

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Venezuelan Banks Must Accept Petro

Two days ago, Venezuela’s President, Nicolás Maduro, ordered the nation’s banks to adopt the Petro digital currency, so now Venezuelan banks must accept Petro. In a bid to reform the nation and alleviate the current Venezuelan economic crisis, Maduro is trying to get the Petro coin recognized as Venezuela’s second currency and now banks within the nation must accept the coin. ...

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Venezuelan President Orders Banks to Adopt Petro

In an effort to fight back against the ill-effects of his presidency’s economic policy, Nicolás Maduro has ordered Venezuela’s banks to accept the petro digital currency as a unit of account. The Venezuelan President has also increased public’s minimum wage, price of petrol, and VAT in his latest bout of economic reforms. Venezuela’s Banks Forced to Accept Petro According to ...

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Dash Price Rises 20% on Venezuelan Adoption Push

Dash (DASH) is currently experiencing a strong price surge, rising about 20 percent in the space of 24 hours as news coming out of Venezuela indicates that it is experiencing a solid increase in adoption by users fleeing the bolivar’s six-figure inflation rate. Hyperinflation, Petro, and Dash Dash Price Chart CCN reported recently that Venezuelan president Nicholas Maduro announced the ...

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DASH News | DASH Targets Venezuelan Inflation Issue

DASH, the 14th largest cryptocurrency by its total market cap, has just announced that it is focusing a lot of its efforts on one country currently. DASH in Venezuela Ryan Taylor, CEO of Dash Core Group, told Business Insider that his team has seen a rise in Dash Wallet downloads in Venezuela within the last couple of months due to rising ...

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Venezuelan Crypto Enthusiast Buys 102 Kilos of Food from NANO Donations amid Hyperinflation

A Venezuelan crypto enthusiast has recently bought over 100 kg of food for his family and community thanks to the cryptocurrency community, after he received dozens of NANO donations from Reddit users. According to a thread started little over a week ago, Reddit user Windows7733 revealed a 0.5 NANO (~$1.32) donation he received was nearly worth one month’s salary in ...

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Nano Community Rushes To The Aid Of Venezuelan User Amidst 40,000% Inflation

Venezuela’s economy has been breaking down for months, if not years, with its currency inflating unsustainably. This has lead users to seek ways other than the Venezuelan Bolivar to transfer value, with cryptocurrencies, like Nano, quickly becoming an alternative currency. Users Donate $600 In Nano To Life-Changing Results On Sunday, a Venezuelan Reddit user with the username ‘Windows7733’ made a ...

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