Sentences with phrase «venezuelan government»

In December of 2017, the Venezuelan government announced that it would issue its own cryptocurrency that would be backed by crude.

The Venezuelan government itself as showed a rather warm attitude towards cryptocurrencies with the government trying to create a national cryptocurrency.

Now the Venezuelan government is requiring bitcoin miners to join an online registry.

Perhaps the most contentious of recent ICOs has been that of the Venezuelan government's «petro» cryptocurrency that President Nicholas Maduro claimed has raised US $ 5 billion.

However, until the currency begins trading on exchanges, it will be impossible to verify if the claims made by the Venezuelan government are true.

Venezuelan government intends to purchase Russian auto parts with its state - issued cryptocurrency.

The document follows an Executive Order issued by President Trump on March 19, which bans the Petro, the Venezuelan government - backed cryptocurrency, and prohibits American investors from participating in the Initial Coin Offering (ICO) of the cryptocurrency.

The Venezuelan government has also published a buyers manual which states that investors can purchase the cryptocurrency either in fiat currency or cryptocurrency, but they do not accept payment in Bolivars.

The «Petro» initial coin offering is a purposeful way for the Venezuelan government to access international cash markets outside of the normal financial systems — currently embargoed courtesy of United States sanctions.

The Venezuelan government has yet to impose laws to regulate the digital currency market in the country.

After the launch of the Venezuelan government - backed cryptocurrency the Petro on Feb. 20, President Nicolas Maduro has already hinted at second government cryptocurrency soon to be released, according to government - sponsored news outlet TelSsur.

While a number of nations are looking at ways to regulate crypto trading, the Venezuelan government believes that cryptocurrency is an easy way out of its troubles.

What do you think of the Venezuelan government opening a school to teach about cryptocurrencies?

In the comment section below let us know what you think of this move by the Venezuelan government to introduce a free cryptocurrency course for its citizens.

Last week the Venezuelan government launched the Petro, an oil - backed cryptocurrency that they aim to use to raise funds as sanctions from the US have made it impossible to access foreign aid.

While the country's National Assembly has repeatedly declared this new currency illegal, the Venezuelan government will proceed with the...

On Wednesday, the news outlet reported that the Venezuelan government has set the minimum investment at 1,000 euros (~ USD$ 1,234) for the petro.

Then the ICO carries on for an indefinite period until the Venezuelan government has sold the 100m Petros it is aiming for.

Starting on March 19, the US government has «prohibited U.S. persons from all transactions related to, provision of financing for, and other dealings in, any digital currency, digital coin, or digital token issued by, for, or on behalf of» the Venezuelan government, Bitfinex detailed.

Bitfinex has published a statement on the Petro coin, claiming that the platform will not support any tokens issued by the Venezuelan government.

«We see the PTR as having limited utility,» the exchange wrote, adding that «it could be construed as an attempt to circumvent legitimate sanctions» against the Venezuelan government.

The trade of cryptocurrency assets, including digital coins, is now included in the financial sanctions, set in place by the United States on the grounds of alleged corruption and drug trafficking within the Venezuelan government.

Venezuelan government - sponsored news outlet TeleSur reported in early February that the new cryptocurrency had found foreign investors, including Poland, who were interested in receiving Petro for food and medicine.

Recently, the Venezuelan government launched a bespoke cryptocurrency tied to the country's oil production.

But exchanges outside the United States should realize that if they offer the petro, they will have to be careful to ensure Americans on their platforms do not purchase the token, which would be a blatant violation of U.S. sanctions by providing funding to the Venezuelan government.

A Russian fintech news website reported recently that a company called Aero Trading won a contract from the Venezuelan government to build the petro on the NEM blockchain and market the token internationally.

Still, the document offers a window into the Venezuelan government's thinking on exchange oversight and how it might build an ecosystem around its cryptocurrency.

At the start of the pre-sale, the Venezuelan government posted a photo on its website showing Maduro meeting with representatives from both Zeus and Aero.

Telesur TV reported on Saturday that «A training centre to teach its citizens about cryptocurrencies» has been inaugurated by the Venezuelan government in its capital city Caracas.

The Venezuelan government may become the first country in the world to launch its own Ethereum - based token with an initial coin offering.

A Reddit post from roughly two weeks ago claimed to include a link to the petro's white paper, and the document itself - unconfirmed by the Venezuelan government as of yet - appears to be hosted on the government's official website.

It was only last week, The Venezuelan Government told that it will be recruiting its citizens to mine cryptocurrencies via cryptocurrency mining farms.

Though the third embedded document is titled «Guidelines for the internal control manual for the prevention of money laundering and financing of terrorism,» the full file is only a table of contents and does not include the guidelines that the Venezuelan government plans to follow.

Featured Venezuelan government intends to purchase Russian auto parts with its state - issued cryptocurrency.

It's the world's first sovereign cryptocurrency as it will be produced and controlled by the Venezuelan government.

While the Venezuelan government now demands bitcoin miners join a regulated registry, Iranian bitcoin miners are still generally flying under the radar.

The Venezuelan government has introduced what appears to be their own cryptocurrency.

Represented Spanish investor in ICSID arbitration against the Venezuelan government involving claims, under Spain - Venezuela bilateral investment treaty, with respect to expropriation of bank and related assets

Represented Barbados investor in ICSID arbitration against the Venezuelan government involving claims, under the Barbados - Venezuela bilateral investment treaty, with respect to automotive industry investment and restrictions on foreign exchange and importation

The plaintiff, a British Virgin Islands company with Venezuelan shareholders, alleged that the Venezuelan government had expropriated bankruptcy claims that a predecessor entity had against Lehman.

US imposes sanctions targeting digital currencies issued by the Venezuelan government and designates more Venezuelan officials

ConocoPhillips has sued the Venezuelan government concerning asset dumps before the Delaware Uniform Fraudulent Transfer Act.

So far the Venezuelan government has succeeded in the delaying of proceedings, the result of this case may have a key impact on the enforcement of arbitral rulings against states.

In a last roll of the die before the UN climate negotiations conclude in December 2015 in Paris, the Venezuelan Government has gone to considerable trouble to pull off Chavez's vision of shifting the debate around climate change by gathering several hundred members of social movements and civil society organisations here in Las Margaritas for the social preCOP.

My friend was sharing his frustrations and concerns regarding the views of many Western organisations and media outlets with regards to the upcoming preCOP in Caracas, a big climate gathering organised by the Venezuelan government to bring social movements, NGOs, and government from all over the world to come together free from corporate lobbyists to make progress on the issue internationally.

Then, it was in Warsaw when the Venezuelan government announced that they would host the preCOP, a Venezuelan government which bears as an insignia the communist legacy of Hugo Chavez, and is identified within the UNFCCC (Climate Change Conference of the UN) as a country with sharp criticism of the lack of ambition by many other nations in regard to dealing with climate change.

A 49 percent share of the mine is owned by the Venezuelan government.

Venezuelan government officials and their families are also barred, while citizens of Iraq will be «subject to additional scrutiny.»

The Administration's latest travel ban indefinitely suspends travel to the U.S. by nationals of Somalia, Syria, Libya, Iran, Yemen, North Korea, and Chad and certain officials of the Venezuelan government.

Amedei, an Italian chocolate maker, holds exclusive rights to the beans under an arrangement with the Venezuelan government and produces limited edition, hand - numbered bars.