Tag Archives: Venezuela

In der Büchse der Tomatensuppe der Firma Campbell befindet seit 1895 exakt dieselbe Menge an Tomatensuppe. Dies macht dieses Produkt weltweit so einzigartig und unikat. Es kommt einem auf den ersten Blick ziemlich wirr vor: Was bitteschön hat Tomatensuppe mit Inflation und Wirtschaftstheorie zu tun? Auf den ersten Blick nicht viel. Aber es ist eben superspannend: Erstens einmal ist die Verpackung legendär, retro im Stil; dennoch...

Despite being an underdeveloped region, Latin America sets an example for the whole world in terms of adoption, trading, and interest in cryptocurrencies.A recent survey revealed that more than 30% of Latinos are interested in investing in crypto, either to increase their wealth or at least to maintain its value in times of economic instability.The study, commissioned by Sherlock Communications, includes a survey of more than 2,200 people in Argentina, Brazil, Colombia, and Mexico to...

An endless number of economic sanctions imposed by the United States and an endless number of bad policies imposed by the Venezuelan government have led to an increasing love for Bitcoin and other cryptocurrencies in the latin american nation. This week, Pizza Hut, one of the oldest pizza chains in the country began to accept Bitcoin and other digital currencies as payment.On November 27, 2020, Pizza Hut’s customers began to have the option to pay for their orders with cryptocurrency. This...

The government of Venezuela does not know what else to do to control its economy and is trying to save its financial life by doing what all the world governments are doing: printing more money… A lot of money.Sources close to the Venezuelan government revealed that the country’s Central Bank has just bought 71 tons of paper to print money. Experts believe this new batch of paper will supply the country’s demand for bills of the highest possible denomination: 100,000 sovereign Bolivars —or the...

Another day, another bad news for the people of Venezuela. Paxful has decided to stop supporting the country, giving users 30 days to withdraw their funds and preventing any new sign-ins.Throughout the day, users of the platform received an email, in which Paxful warned it had to “close its operations” in Venezuela after months of hard work:“Although we made our best efforts during several months, we are sad to announce that, in view of the concern for the regulatory scenario, Paxful will...

The use of cryptocurrencies in Venezuela has thrived over the years, and although they may not be the revolution that many expected, they have managed to fit into the financial thinking of the people there more strongly than in other countries.The status of crypto and blockchain technology in the country has evolved significantly. A recent report by the blockchain forensics firm Chainalysis concluded that the South American country’s financial crisis catalyzed a greater interest and openness...

Venezuela’s Bolivarian Council of Mayors has signed a new tax agreement in 305 municipalities across the country. Called National Tax Harmonization Agreement, it will allow the nation to raise taxes and sanctions using the nation’s cryptocurrency – the Petro.Cryptocurrency Tax Collection In VenezuelaAccording to the recent local report, the mayor of the Libertador Bolivarian Municipality signed the document after a presidential pass on behalf of the Bolivarian Council of Mayors. Venezuelan...

Goldbarren Foto CC0 Public Domain Ein Gericht in London hat entschieden, dass das bei der Bank of England gelagerte Gold Venezuelas vorläufig nicht freigegeben werden muss. Der venezolanische Präsident Maduro hatte Goldreserven angefordert, damit das Land an Geld zur Bekämpfung der Corona-Pandemie kommt. Aktuell geht es um 17 Tonnen des gelben Metalls. Viele Länder haben zur...

The United States government has recently added a top Venezuelan official to its list of most-wanted fugitives while offering millions of dollars as rewards to anyone who can provide useful information that would lead to his arrest. A Monday statement revealed that the U.S. Immigration and Customs Enforcement’s (ICE), a unit of the Homeland Security Investigations (HSI) New York is looking for Joselit Ramírez, the head of Venezuela’s national cryptocurrency Petro. A $5 Million RewardRamírez,...

It is no longer news that Venezuela is in a deep crisis, but the COVID-19 pandemic in the country is like adding fuel to a raging fire. With the worsening condition, the government has made a move that would seem like a last resort. Gold For Food And COVID-19 SuppliesEarlier this month, Venezuela’s central bank filed a legal claim to withdraw part of its gold reserve worth £930m ($1.13bn) held with the Bank of England (BoE), so they can buy food, medicine, and other supplies needed for its...