The Bolivarian Council of Mayors in Venezuela agreed to sign the “National Tax Harmonization Agreement” which incorporates oil-backed petro cryptocurrency as a means to raise taxes and sanctions. The new move has led to broader adoption and use of the state-issued cryptocurrency. The government has also revealed that the Vice President of Venezuela, Delcy Rodríguez, […]
Venezuela government
Venezuela Outlaws Crypto Mining Activities in the Country
Venezuela has recently banned the trade in crypto mining in the country. The ban is mainly aimed at citizens who reside in all government-owned houses and in all their surrounding vicinity. In a maiden announcement on Friday, Minister of Habitat and Housing, Iidemaro Villarroel, said that the continued use of crypto mining could have an […]