Blaming mining for electrical problems is propaganda. Foreign capital wants to invest in Venezuela, but with stable rules. On May 18, the Vice Minister of Electrical Energy of Venezuela, Brigadier General Vianney Rojas, traveled to the San Vicente Industrial Zone, in Maracay, to participate in person in the dismantling of a farm with 4,000 ASICs … Read more
According to the authorities, it is an “illegal” farm whose consumption is approximately 10 megawatts. The miners were “causing a significant impact on the national electrical system.” On Monday, May 18, Venezuelan authorities dismantled a Bitcoin mining farm in the San Vicente Industrial Zone, located in the city of Maracay, Aragua state, in the center … Read more
The adoption of Bitcoin and cryptocurrency technology projects sustained growth in Venezuela, driven by the need for efficient financial solutions. However, this must be healthy and based on financial education so that it can be truly efficient. This conclusion was reached by Fernanda Morales, head of institutional sales at BitGo, and Fabian Delgado, business developer … Read more
On social networks there is a mix of expectation, skepticism and criticism. Venezuela has one of the most active cryptocurrency communities in Latin America. The visit of Fred Ehrsam, co-founder and member of the Board of Directors of Coinbase, to the Bank of Venezuela (BDV) this Wednesday, May 13, is generating a wide debate on … Read more
Ehrsam offered his perspectives on the development of the cryptoasset sector in Venezuela. Citizens of Venezuela cannot open accounts on Coinbase, until now. The cryptocurrency ecosystem in Venezuela witnessed a high-level institutional meeting this Wednesday, May 13, 2026. Fred Ehrsam, co-founder of the largest exchange in the United States, Coinbase, and the investment firm Paradigm, … Read more
Within the framework of the Venezuela Tech Week event, held in Caracas from May 11 to 13, Ami Spiwak, co-founder of Qash, announced exclusively to CriptoNoticias that the neobank formally began operations in the country. The company, which specializes in the use of stablecoins linked to the dollar, functions as a financial bridge so that … Read more
The bitcoin (BTC) and cryptocurrency exchange Uphold began today, May 13, the formal reactivation of its services in Venezuela. The financial platform began to notify its local users about the reopening of its operations, ending a period of absence that lasted almost four years. This decision arises as a consequence of the relaxation of the … Read more
Villalonga believes that children have a “different approach” to the cryptocurrency ecosystem. At Val-U they apply transversal teaching so that the little ones learn about finances. The Venezuelan startup Val-U, dedicated to financial education, has managed to integrate learning about bitcoin (BTC) and the decentralized economy into the curriculum of more than 5,000 students in … Read more
The company Crypto Tools, CA, which was dedicated to Bitcoin mining in Venezuela, issued a legal and technical analysis in which it questioned the legality of the equipment confiscation operations and the absolute prohibition of the activity dictated by the Ministry of Popular Power for Electric Energy (MPPEE). According to the firm, all State actions … Read more
While Venezuela ratifies an absolute veto on Bitcoin mining under the premise of protecting an exhausted National Electrical System (SEN), a group of Venezuelan experts operates from Colombia an alternative that could change the game. The proposal by Arley Lozano from Horeb Energy, and Carlos from Terawatt LLC, is a business model but also a … Read more