UCAB of Venezuela inaugurates a cryptocurrency academy

The academy will be directed by Aníbal Garrido, a cryptocurrency enthusiast in Venezuela. The entity will focus on “grounding” everything that surrounds the cryptocurrency ecosystem. This Wednesday, October 23, the Andrés Bello Catholic University (UCAB) of Venezuela inaugurated the Blockchain, Trading & Crypto (BT&C) Academy, an initiative that is positioned as a “comprehensive and transversal … Read more

Political upheaval triggers the use of cryptocurrencies in Venezuela

The volume of cryptocurrency transactions doubled in one year. Venezuelans do not prefer bitcoin, they use stablecoins, ETH and altcoins more. Immersed in a strong political upheaval that has been aggravated after the presidential elections held last July, Venezuelans turn to cryptocurrencies as a refuge of value. Digital assets become one of the main tools … Read more

Bitcoin is not as viable for Venezuela’s reserves, economists say

María Corina Machado’s proposal to integrate bitcoin (BTC) as a national strategic reserve asset in Venezuela has been one of the most relevant news within the ecosystem. This is not only because it is the first time that the opposition leader has spoken about digital currency, but also because it is a proposal that is … Read more

More than 30 machines seized

Key facts: The framework that regulates mining activity has several legal aspects. The farm was located in the state of Guárico, in the plains region of Venezuela. Members of the Bolivarian National Armed Forces (FANB) raided a Bitcoin mining farm located in Guárico, in the plains region of Venezuela. According to the report of the … Read more