Venezuela Financial News

30.07 / 05:51

UPS BLOCK Strategy show Inside Judge criticizes prosecutors' handling of Venezuela case against ex-Miami congressman

A federal judge in Miami is criticizing prosecutors for an apparent attempt to undercut a court order and try to take control of an oceanside condo belonging to a former Republican congressman ahead of a high-profile trial connected to a $50 million co...

19.07 / 01:59

BLOCK Citizens Extreme Florida ban on property purchases by citizens of China and some other countries is challenged

A lawyer representing Chinese citizens in Florida has told a federal judge that a new law banning them and some other foreign nationals from purchasing property in large swaths of the state violates federal housing discrimination laws

19.07 / 01:09

COST Provident Target Latin America Platform Ledger Hardware Wallet Maker Ledger Targets Latin America Growth

The crypto hardware wallet producer Ledger is looking to expand into the Latin America region, and is targeting growth in “Central and South America.”

18.07 / 21:07

UPS Cooper Progressive Landmark Align Divisions over the Ukraine war cause a rift at EU-LatAm summit that was supposed to be a love-in

European Union and Latin American leaders have concluded a summit that was supposed to be a love-in after eight years of separation, but instead ended with aggravation over the failure to unanimously support even a bland statement on Russia’s invasion ...

13.07 / 04:39

Citi BLOCK Waters Action HSBC ICE Environmental damage from Belt and Road Initiative projects on rise

Belt and Road Initiative (BRI) have had a negative impact on the environment of all the countries where they have been implemented. They have increased the environmental crisis in already vulnerable regions by increasing air and water pollution and have led to water shortage and soil erosion.

07.07 / 19:53

FIVE Immunic creditors U.S. appeals court upholds Venezuela creditors ability to sue

(Reuters) — A U.S. court of appeals on Friday rejected Venezuela's bid to prevent six companies from joining a proposed court auction of shares in a Citgo Petroleum parent to enforce judgments for past expropriation of assets.

05.07 / 14:21

Provident Lowe's 2024 Morgan Stanley cuts oil price forecasts, sees surplus in H1 2024

(Reuters) — Morgan Stanley (NYSE:MS) on Wednesday lowered its oil price forecasts, predicting a market surplus in the first half of 2024 with non-OPEC supply growing faster than demand next year.

04.07 / 06:27

Blockchain SUN Platform Dreams Petro Backed Sun Sets on Venezuela’s Petro – Is the State-backed Crypto Now ‘Dead?’

The sun may have set on Venezuela’s crypto dream, experts say – with some claiming that the nation’s oil-pegged Petro coin may be “dead.”

03.07 / 16:51

UPS Target Man Remark Chase What Makes Putin and the World’s Autocrats So Resilient?

The recent mutiny in Russia revealed cracks in President Vladimir Putin’s regime and raised hopes in the West that his days in power were numbered. There are two reasons for caution: Autocrats have remarkable staying power and only rarely are replaced by a democratic government. Images of hundreds of heavily armed men rumbling in a convoy toward Moscow raised the possibility that the man who launched the Ukraine war and has dominated Russian politics for more than two decades could lose power.

02.07 / 04:17

UPS Provident Progressive Pool POT Russia’s rusty oil tanker fleet sets sail with newer ships

Shortly after President Vladimir Putin’s invasion of Ukraine early last year, hundreds of aging tankers were snapped up by a cohort of faceless traders, intermediaries and investors to keep Russian oil flowing. By some estimates, the purchases, which added to vessels that were already transporting crude for Venezuela and Iran, created a more than 900-strong dark fleet. Now, the average age of the ships being purchased is declining, according to data from VesselsValue Ltd., a researcher of shipping deals.

28.06 / 13:07

business Blockchain Stablecoin Adoption Latin America Paxos Paxos and MercadoLibre partner up to bring USDP to Mexico

Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico via the MercadoPago payment service on June 28.

27.06 / 20:25

business Bitfinex P2P Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia

Digital asset exchange Bitfinex has launched a peer-to-peer (P2P) trading platform in Venezuela, Argentina and Colombia.

25.06 / 08:23

markets Bitcoin Bitcoin Price Time Bitcoin sees new all-time highs in 3 countries as BTC price pokes $31K

Bitcoin (BTC) tapped $31,000 for a third time this year on June 25 as the weekly close promised volatility.

22.06 / 13:07

Mining crypto mining Venezuela's Cryptocurrency Mining Ban Damages Industry Maduro Once Supported

Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported.

10.06 / 22:13

business Binance Latin America coinbase Latam crypto holders flock to Bitget following Binance, Coinbase suits

Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase.

04.05 / 13:53

education Donations Lightning Network Crowdfunding lightning Bitcoin Bitcoin crowdfunding is Lightning: El Salvador school program hits 1 BTC in donations

There’s a beacon of light in the bear market tunnel. The El Salvador nonprofit program, “My First Bitcoin” (Mi Primer Bitcoin), raised over 1 Bitcoin (BTC) in donations-not from venture capitalists and investors–but from generous Bitcoin education advocates worldwide.

28.04 / 13:11

Adoption NFT Tokens Scams South America NOT Not funny: Comedy club NFT debacle teaches lesson in transparency

In Venezuela, humor plays an important role, either as a form of protest or a way to make sense of reality.

24.04 / 22:13

Blockchain Technology Stablecoin CBDC Tether Tech Usd Coin Stablecoins must be programmable to counter CBDCs

When it comes to providing stable value, stablecoins and central bank digital currencies (CBDCs) appear to serve two sides of the same proverbial coin. Crypto stable assets, however, can provide entirely different use cases — and CBDCs simply cannot compete.

19.04 / 13:29

COST Provident Platform Crypto Exchange Bitcoin Venezuelan Crypto Exchange CoinCoinX ‘Temporarily’ Halts Operations – What’s Going On?

The Venezuelan crypto exchange CoinCoinX says that it has “temporarily stopped” operations amid reports users cannot make withdrawals on its platform.

05.04 / 18:23

Blockchain Adoption wallet Blockchain Storage Unlocking mass adoption: The importance of user-friendly crypto wallets

Cryptocurrencies have the potential to change how the world sees money, offering benefits like accessibility and decentralization. Due to their foundation in blockchain technology, people can buy and use cryptocurrencies without an intermediary, engaging directly with a buyer or seller on a digital ledger. For those unable to open a bank account due to a lack of documentation or for those in countries where the government has a history of freezing access to money stored in banks, accessibility and privacy have become much more crucial to achieving security and financial freedom.

04.04 / 07:55

Blockchain Adoption wallet Blockchain Storage Unlocking mass adoption: The importance of user-friendly crypto wallets

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