The crypto network, alongside a fleet of elderly tankers already engaged in sanctions-busting shipping, provides ready-made template for evasion as Europe curtails Russian energy commodities exports. By Michelle Wiese Bockmann. Full Text -> Lloyd’s List

Traducción de cortesía -> La red de criptomonedas, junto con una flota de petroleros ancianos que ya participan en el transporte marítimo que rompe las sanciones, proporciona una plantilla preparada para la evasión a medida que Europa restringe las exportaciones de productos energéticos rusos.

However, this all shows that the company has grown immensely since the time of its introduction to Venezuela, and that is currently facing hardships to cope with the volume of Zelle transactions that are being done using its payment services. Zelle is a powerful tool in Venezuela, accepted informally in most retailers in the country, and used commonly; this is why it’s so important for Reserve to maintain an important stock of fresh Zelle dollars to be used at any given time. Full Text ->Bitcoin.com

In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela? By Ezio Rojas. Full Text -> CoinTelegraph

Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Full Text-> NewsBitCoint

All Pizza Hut locations in Venezuela now accept a broad range of cryptocurrencies, including bitcoin, via the payment platform Cryptobuyer. Pizza Hut joins Burger King, Intercontinental Hotel, Traki, and several other major stores in Venezuela that accept bitcoin. Full Text -> Bitcoin.com

As noted in the announcement, the “unique” private-public partnership, stablecoin solution, and distribution channel represented the “only viable option” available to the Republic to distribute financial relief funds while “avoiding censorship by the Maduro regime.” Full Text ->CrowdFoundInsider

According to one report that quotes an anonymous source, the objective of this meeting is to discuss the process of connecting miners to the National Electric System (SEN) as well as “the rate to be paid.” by Terence Zimwara. Full Text -> Bitcoin.com

To achieve one benchmark of success, the Petro would have had to be used to conduct trade. In April 2018, this was clearly the aim, with Venezuelan officials insisting that the Petro would be used to purchase Russian-made trucks, and that Caracas would offer India a 30 percent discount on Venezuelan oil if it used the Petro. Both Russia and India backed out of these deals. Russia’s deputy finance minister said there were no plans to use the Petro to trade, and India said its central bank had prohibited any use of the cryptocurrency, even though doing so could have saved the country $1.6 billion on oil imports. Although Turkey’s foreign minister said in 2018 that his country would be “pleased” to use the Petro, no trade in the cryptocurrency ever materialized. By Morgan Meaker. Full Text -> WorldPoliticsReview

According to a Sept. 25 blog post from startup Cryptobuyer, the launch of the node will keep the Bitcoin (BTC) blockchain updated for Venezuela users without being dependent on a local internet connection. Crypto training course provider AnibalCripto deployed the node while CryptoBuyer provided financial and logistical support. By Turner Wright. Full Text -> CoinTelegraph

According to Andres E. Azpurua, director of Venezuela Inteligente, the government was especially targeting the platforms facilitating the exchange of the local currency to international fiats. Additionally, he raised concerns over the particular targeting of Coinbase as other cryptocurrency exchanges can be still accessed smoothly. By Arnab Shome. Full Text-> FinanceMagnates