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Venezuela Blocks Access to Binance

Aug. 13, 2024

The Venezuelan government has taken steps to block access to Binance.

Key Facts Of The Day 12.12.2018

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23 April

11:14

Venezuela Will Accelerate USDT Adoption to Avoid US Sanctions

Venezuelan state-owned oil company PDVSA plans to increase the use of USDT to export crude oil and fuel.

15 January

13:03

Venezuela Announces End of its Digital Currency El Petro

The Venezuelan authorities have abandoned the development of the national digital currency El Petro.

18:24

Maduro Signs Sale of Venezuelan Oil in Petro Crypto

6 August

12:27

Venezuela to Launch Digital Bolivars

The Central Bank of Venezuela has just announced it intends to issue a central bank digital currency (CBDC) in October.

10 December

11:40

Venezuela is Using BTC to Avoid US Sanctions

The Latin American country is using Bitcoin to pay for its imports from Iran and Turkey.

30 November

12:33

Pizza Hut Venezuela Starts Accepting BTC Payments

The Venezuelan branch of the fast food giant Pizza Hut has just reported it now accepts BTC payments.

3 November

17:59

Crypto Custodian Xapo Shuts Down Services for Venezuela

Xapo says it will no longer service Venezuela as the company soon will be launching a regulated digital banking platform.

2 October

13:04

Venezuela to Launch Decentralized Stock Exchange

The BDVE has been presented as the first platform in the world connected to the crypto market.

30 September

10:18

Venezuela to Expand Crypto Use to Avoid Sanctions

The country's government has just presented a bill aimed at expanding the use of cryptocurrencies in domestic and foreign trade.

24 September

12:54

Venezuela Issues Decree to Regulate Crypto Mining

From now on, all crypto-related activities are regulated by the country's government.

9 September

11:19

Venezuela Suspends Access of Its Citizens to Coinbase

Nicolás Maduro's government has blocked the access of the country's users to the US crypto exchange Coinbase.

27 August

19:46

Crypto Trading in Venezuela Primarily Used by People Close to Maduro Regime

Cryptocurrency remains to be hugely helpful tool for Venezuelan immigrants.

12 August

12:47

Venezuela to Collect Taxes Through Cryptos

Venezuelans will soon have to pay their taxes with the Petro.

8 July

17:50

Venezuela Intercepts Smuggled Crypto Mining Rigs

The Bolivarian National Guard of Venezuela seized 315 mining rigs of Antminer.

11 June

23:26

Paxful Limits Services for Venezuela Over US Sanctions

The company states the limitations related to sanctions imposed by the United States on Venezuela.

3 June

12:51

US Offers $5M Reward for Venezuelan Crypto Head

The US government has offered a reward for the superintendent of the Petro.

10:00

Russia Leads BTC Trading on LocalBitcoins For Second Month

2 June

14:30

Venezuela Starts to Accept Petro at Gas Stations

Users who pay for gas with the Petro will enjoy a discount.

24 April

12:36

Startup Launches Bitcoin-backed Cryptodollar to Fight Inflation in Venezuela

A Colombian startup has just launched a synthetic coin backed by Bitcoin.

17 April

09:54

Binance Latin America Adds the Bolivar to its P2P Platform

The crypto exchange has just added the Venezuelan national currency to its platform.

3 April

12:24

Maduro Will Give Petros to Venezuela's Doctors to Fight the Coronavirus Crisis

The president of Venezuela has decided to give a Petro to every doctor in the country.

26 March

23:12

US Indicts Maduro Hiding Illicit Criminal Activity Behind Crypto

Maduro is accused of a narco-terrorism partnership with the FARC for the past 20 years.

20 January

19:53

Maduro Orders to Open Cryptocurrency-focused Casino in Venezuela

People could purchase Petro token for yuan, yen, dollars, euros or any other cryptocurrency.

5 January

18:05

Burger King Venezuela Now Accepts Crypto Payments

It became possible thanks to a partnership with a processing service Cryptobuyer.

16 December

20:19

Venezuela to Airdrop Petro Token as Holiday Bonus

The payment amount will reportedly be equivalent to $30.

1 October

19:48

Maduro Says Venezuela is Working within the Cryptocurrency World

The Venezuelan government is using cryptocurrency payment method for both national and international transactions

26 September

17:35

Venezuela May Start Using Bitcoin and Ether as Reserve

The Central bank of Venezuela wants to determine if it could use cryptocurrencies as a reserve.

23 July

14:00

Venezuela Establishes New BTC Trading Volume Record Due to Inflation

BTC trading volume in Venezuela has hit a new record.

5 July

13:30

Nicolás Maduro Orders Venezuela's Largest Bank to Accept Petro

Maduro has forced the bank to accept the national cryptocurrency in all its branches in the country.