Venezuela Begins Monitoring Bank Accounts for Crypto Transactions

The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President… Continue Reading

Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies

Bitfinex has announced that it will not list or transact Venezuela’s new “oil-backed cryptocurrency” or any other tokens that the country may issue in the future, citing U.S. sanctions. Meanwhile, the Venezuelan government has reportedly set the minimum investment amount… Continue Reading

Venezuela Picks FX Platform to Auction Petro ‘Oil-Backed Cryptocurrency’

Venezuela has chosen a platform on which to auction its “oil-backed cryptocurrency”, the petro. While the country’s National Assembly has repeatedly declared this new currency illegal, the Venezuelan government will proceed with the auction of the petro on the country’s… Continue Reading

Arizona Closer to Accepting Bitcoin and Regulating ICOs

Economy & Regulation Arizona may become the first U.S. state to legalize bitcoin as a payment option for tax purposes. Bills to that end have been advancing in the State Legislature, with one of them already passed… Continue Reading

Study Finds Little Correlation Between Tether Printing and Bitcoin’s Price

News Over the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles,… Continue Reading