Venezuela

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Nicolas Maduro has secured a third term as the President of Venezuela. This outcome has sparked concerns about potential electoral fraud. What Happened: The National Electoral Council of Venezuela declared Maduro the winner with 51% of the vote, despite multiple exit polls predicting an opposition...

Vice President and presumptive Democratic Nominee For 2024 Presidential Elections, Kamala Harris, has voiced her support for the Venezuelan people in the wake of their landmark presidential election, amidst rising concerns about potential electoral fraud. What Happened: Harris took to X on Sunday...

Editor’s Note: This article has been updated to include a statement from Tether regarding the company’s compliance with OFAC sanctions. Venezuela’s state-owned oil company, PDVSA, is turning to cryptocurrency to adapt as the United States reimposes sanctions on the country’s...

The U.S. President Joe Biden‘s administration may consider reimposing oil sanctions on Venezuela, as President Nicolas Maduro has allegedly not fulfilled his commitments regarding free and fair elections. What Happened: The U.S. is on the brink of reinstating oil sanctions on Venezuela,...

Kevin O’Leary has expressed concern over the potential seizure of Donald Trump‘s assets, likening it to a situation in Venezuela. What Happened: O’Leary, the Chairman of O’Leary Ventures, voiced his apprehension on Monday about the possible seizure of Trump’s assets if...

The potential re-imposition of U.S. sanctions on Venezuela’s oil and gas sectors could significantly impact the country’s oil revenue, energy investments, and domestic fuel supply, according to industry experts. What Happened: The U.S. has ordered a cessation of all business...

The Venezuelan government has reportedly put an end to its official cryptocurrency, the Petro. But what was the Petro? And why did it fail to solve the country's 359.99% inflation rate in 2023? The Petro: A Failed Experiment Venezuela may have become the first country to...

An established financial system that’s been around for hundreds of years means stability and prosperity, and that’s why developed countries are as economically stable as they are. However, it also means a lack of flexibility and a lot of barriers to innovation. That’s why...

In light of the 2024 election deal between the Venezuelan government and its opposition, there are reports suggesting that the Biden administration is getting ready to ease sanctions on Venezuela’s oil and gas sector. What Happened: This development comes after an anonymous senior official...

The Biden administration is engaged in talks with Venezuela, exploring the possibility of a temporary lifting of crippling sanctions in exchange for a commitment to hold fair elections next year. Preliminary discussions have commenced, with senior officials from both the U.S. and Venezuela involved...

Venezuela's capital, Caracas, is set to host the second edition of the Caracas Blockchain Week Oct. 24-28. This event aims to foster a deeper understanding of cryptocurrency and its potential applications, especially in regions grappling with economic challenges. Emphasis on Practical...

The trade volume between the Russian ruble and Tether (CRYPTO: USDT) saw a significant increase over the weekend, nearly quadrupling from $4 million Saturday to $15 million Sunday, as per data from crypto analytics firm CCData. What Happened: This surge coincided with the capture of...

By Javier Hasse via El Planteo In the bustling world of Latin American rap, a beacon of relentless innovation and charismatic wit stands tall. Pedro Elias Aquino Cova, renowned by his stage name Akapellah, strides on a path of his own, consistently pushing boundaries in music and beyond. His recent...