Venezuelan officials also asserted that the new digital currency — the first to be issued by a nation — would allow investors to do an end run around sanctions imposed against their country by the ...

Hyperinflation pushes Venezuela to transact in USDT stablecoins. Learn about the Binance dollar and how merchants anchor ...

Though the United States Treasury Department last month issued a new, restricted license to Chevron ... were sold to the private sector in July. The Venezuelan central bank injected some $2 billion ...

Failing to revive an economy in free fall, Nicolás Maduro's regime has now turned its sights on those who dare to describe the collapse. In recent weeks, authorities have detained economists, analysts ...

Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small ...

(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...