Venezuela, a country plagued by hyperinflation and authoritarianism, has often been hailed as an ideal candidate for the widespread adoption of national cryptocurrencies. The rationale behind this ...

Despite Washington’s hardening of sanctions in April and the recent exchange rate pressure, the Venezuelan economy has ...

Venezuela’s dollar bonds due in 2026 fell ... and most significantly, allowing the US dollar to circulate legally. He has ...

Venezuela's Bolivar fell 17% against the US dollar from less than a week ago, leaving minimum monthly pensions and wages at around US$ 9.20, it was reported in Caracas Friday. Set at 130 bolivars ...

The measure aims to preserve foreign currency reserves amid the global economic crisis and Venezuela's own declining oil revenues. It tightens restrictions in place since a prolonged oil strike in ...

Venezuela is one of the most highly-urbanised countries in Latin America. It has some of the world's largest proven oil ...

The plan is that through these offices, a person sitting anywhere in the world can buy land in India, can see that piece of ...

Venezuela, now in its fourth year of recession ... Zimbabwe ended up abandoning its currency and largely adopted the US dollar. This restored faith in the economy because it stripped the ...

The price of a litre of petrol in Venezuela currently stands at 1 bolivar. On the black market, Venezuelans pay more than 4m bolivares for one US dollar. That means that for the equivalent of one ...

There have been waves of Bitcoin adoption - from individuals to institutions to now some of the largest nation-states in the ...

Revolut is reportedly getting ready to launch a stablecoin jut weeks after it announced its crypto trading platform Revolut X ...

Crude Oil sees gains easing ahead of US Opening Bell. Tropical storm Francine has hit Louisiana, with the region's Oil production shut down. The US Dollar Index trades above 101.50 and tests its upper ...