Browsing: Petro

Venezuela uses Bitcoin to circumvent US sanctions at airports, rather than El Petro's own national digital currency. It is reported by the Cointelegraph, citing local media. According to media reports, President Nicolas Maduro introduced an automated system for collecting aviation taxes at the international airport of Maiquetia using the Jet Man Pay application with their subsequent conversion to bitcoins […]

Over the past two days, a number of Asian media have announced the release of PayMon gold-backed “cryptocurrency” in Iran. All of them refer to the news agency Mehr News, which on July 13 published a small note that said that the payment instrument would soon be released. It is worth noting that for the first time about PayMon (from the Persian "covenant") it became known […]

US President Donald Trump, who recently unflatteringly commented on Bitcoin in particular and cryptocurrencies in general, could theoretically prohibit American citizens from interacting with Bitcoin or significantly restrict access to cryptocurrency platforms, said researcher Alex Kruger. 3 / However, as you can’t get points out, the government can target the fiat onramps. (source: https://t.co/xLEJDU38Pq) pic.twitter.com/dHhyBVtGou – Alex […]

Cuban authorities are exploring the possibility of cryptocurrency to bypass US sanctions and mitigate the effects of the economic crisis, reports Reuters. “We are exploring options for using cryptocurrency in our national and international commercial transactions. We are working on this together with scientists, ”said Minister of Economy Alejandro Gil Fernandez. However, according to the official, cryptocurrencies are considered only as one of the components of a broad plan […]