The ‘Wal-Mart’ of Venezuela Has Started Accepting Bitcoin

Venezuela traki

As Venezuela is in the grip of hyperinflation, a large local Wal-Mart-like department store has started to accept bitcoin for goods. Cryptocurrencies: A Viable Alternative More and more are cryptocurrencies establishing themselves as a viable alternative to Venezuela’s redenominated local currency the Sovereign Bolivar. TRAKI, a large local department store, has purportedly started to accept cryptocurrencies. According to a Reddit thread posted by user ImVito, she was able to purchase 884 items of school supplies

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The Daily: Bitsane Introduces Tether-Euro Pair, Covesting Launches in Gibraltar

The Daily: Bitsane Introduces Tether-Euro Pair, Covesting Launches in GibraltarIn Friday’s edition of The Daily, we look at Bitsane’s decision to list tether (USDT) and trade it against the euro. We also cover two other recent announcements in the crypto-space. Digital asset trading platform Covesting is launching operations in Gibraltar, where it has obtained a distributed ledger technology license. And Swissone, a Zug-based digital […]

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