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
Venezuela registers 5 EH/s in the Bitcoin network despite the total veto in force since 2024. National electricity consumption reached 15,579 MW, a maximum in nine years, according to Corpoelec. Despite the absolute ban on cryptocurrency mining in force in Venezuela since mid-2024, the country records approximately 5 exahashes per second (EH/s) contributing to the … Read more
The Ministry of Electric Energy of Venezuela announced this May 7 that the absolute ban on mining bitcoin and other cryptocurrencies will be maintained throughout the national territory, as part of the measures adopted to protect and stabilize the National Electric System (SEN) in the face of the historic increase in energy demand. In a … Read more
Lacava says the reward will be given for “verified and correct information.” “Here in Carabobo, a machine that is obtained, a machine that I confiscate,” said the governor. The government of Carabobo state, in the central region of Venezuela, is offering rewards to eradicate Bitcoin mining in the entity. The regional president, Rafael Lacava, announced … Read more