The amount of Venezuelan bolivars traded against Bitcoin hit another all-time high last week amid hyperinflation in the country. The volume of Venezuelan bolivars traded against Bitcoin (BTC) on the ...
A useful little rule of thumb is that when a government manages to make money worth nothing then they've been doing something wrong. There have been hyperinflations of this kind before: Weimar Germany ...
The Central Bank of Venezuela is rolling out a CBDC in October and will launch an SMS-based exchange system to facilitate its use. The Central Bank of Venezuela will launch a central bank digital ...
New Venezuelan coins began circulating Wednesday in the capital Caracas, but long-awaited new bills had yet to arrive, prolonging the chaos unleashed by a botched currency reform. President Nicolas ...
New notes of five and 10 bolivars after Venezuela slashes six zeroes off its currency - Copyright AFP/File Adrian DENNIS New notes of five and 10 bolivars after ...
CARACAS (Reuters) - President Hugo Chavez said he will chop three zeros off new bolivar currency bills to bolster Venezuelans' perception of a strong currency in a bid to curb inflation, which is now ...
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