Venezuela has blocked access to US-based crypto exchange Coinbase and MercaDolar, a fiat remittance platform since September 8.
Bolivarian Council of Mayors in Venezuela signed an agreement to mandate collecting taxes in the state's crypto Petro for 305 municipalities.
Nicolás Maduro says he plans to giveaway 0.5 petros (five times the minimum wage) to all eligible citizens in Venezuela who register with the Petro App.
Venezuela Bitcoin trade volume has risen to a giant new record yet again as the citizens of the country are increasingly turning to cryptocurrencies as a safe-haven from the economic crisis.
Venezuela’s president Nicolas Maduro has ordered to put the national oil-backed Petro crypto in circulation in all branches of the country’s leading bank, Banco de Venezuela
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