Hyperinflation expert Steve Hanke has teamed up with a Mexico City-based blockchain powered currency platform in order to get financial aid to Venezuelans. Hanke, also a professor of applied economics at Johns Hopkins University, and AirTM, will work together on project “AirdropVenezuela”, which hopes to raise cryptocurrency donations up to USD1 million. Once raised, the funds will then be released …

Talk about the tech landscape in Latin America and the first thought that springs into mind are the flashy startups and enterprises from New York and the Silicon Valley. So, whenever China is hailed as the key player in South American markets, and that too in cryptocurrency, it seems unusual and even a tad bit surprising. Irrespective of what the …

Cryptocurrencies are on the march in South America despite the continent’s relatively small slice in the global ownership breakdown. The number of users of cryptocurrencies such as Bitcoin and Dash continues to swell in many Latin American countries, and historically it is not hard to see why. The last World Bank study revealed that as few as 49 percent of …

North America Welcome to another weekly blockchain news roundup from around the world. Here, we present to you all the latest Bitcoin news, continent by continent and country by country. Canada Canada Debating Crypto Campaign Donations with Elections Around the Corner: Fierce political debate has started in Canada among different political parties and advocacy groups regarding crypto donations to political …

The brother of infamous drug lord Pablo Escobar has plans to get US President Donald Trump impeached. After having its GoFundMe account allegedly shutdown, Escobar Inc has announced it will be launching its own stablecoin to fund the effort. The Impeach Trump Fund crowdfunding campaign had its GoFundMe page taken down after just one day and is now relying on an initial coin offering (ICO) …

South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Venezuela Government protests US Petro sanctions: Venezuela has registered a formal complaint to the World Trade Organization against the US sanctions on its cryptocurrency, Petro. The South American country …

Recent US sanctions on Venezuela’s controversial cryptocurrency, Petro, have been contested by Venezuela in the World Trade Organization (WTO), according to a report by Reuters. The complaint was filed last month and came to attention this week. It focuses on a number of decisions taken by the US authorities against Venezuela in recent years. The complaint states that US authorities are …

American computer scientist and cryptographer Nick Szabo has suggested that cryptocurrencies such as Bitcoin will begin to be used far more frequently as rescue packages for struggling economies, particularly in nations hit by sanctions, and that gold will be heavily supplemented by cryptocurrency in the future. Countries currently facing sanctions from the US alone include Cuba, Venezuela, North Korea, Iran, …

The Venezuela state government now requires operators with crypto business in the country and overseas operators dealing in foreign countries to pay relevant taxes using cryptocurrency to boost the economy. The move further illustrates the move towards digital currencies, as the value of the bolivar continues to fall. Given the economic crisis, Bitcoin has fast become a financial refuge for …

A science and technology center situated in Michigan has been raided by Federal agencies during a crypto-related investigation, as reported by Wood-TV on 5 January 2019. Chris Boden, founder of The National Science Institute (formerly The Geek Group), reportedly issued a live statement on YouTube Saturday night, stating that his office was raided by the officials of the US Federal Bureau of Investigation …