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Editor’s Note: This article has been updated to include a statement from Tether regarding the company’s compliance with OFAC sanctions.
MARACAIBO, Venezuela (AP) — Erick Ojeda has no money. He returned to land almost empty-handed from an overnight trip fishing for shrimp. His sister and her newborn are waiting for him to pick ...
Venezuela has launched a new regulated foreign exchange market in the latest attempt by the socialist government of President Hugo Chavez to stop a rapid depreciation of the bolivar currency ...
Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports citing a message displayed on the Patria Platform, the only ...
Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country, three people familiar with the ...
Venezuelan authorities ordered more than 600 arrests over the last eight months for "speculation" on the currency market, Attorney General Tarek William Saab announced Thursday.
The FT's Gideon Long on Nicolás Maduro's controversial move to devalue the Venezuelan bolívar by 95% in an effort to curb hyperinflation.