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Turkey’s Unexpected Rise to the Top of Global Crypto Adopters

When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place that springs to mind. However, Statistica’s Global Consumer Survey for 2019 shows that a fifth Turkish residents are acquainted with crypto and have been exposed to it in some form or another. If the figures are true, 20% is the highest proportion of all the countries in the world.  Flying under the radar, Turkey has …

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Venezuelans Made Lightning-Savvy Hardware to Use Bitcoin During Blackouts

On March 7, 2019, all the lights went out in Venezuela. Total blackout. While the electricity crisis was already part of everyday life, the blackout still crippled communications across the country. It also inspired Venezuelan Randy Brito to focus fully on the Locha Mesh initiative, an open-source project working to enable private messages and payments without an internet connection. During the blackout earlier this year, it became clear to Brito that poor internet infrastructure was …

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Crypto News From the Spanish-Speaking World: Sept. 22-28 in Review

Spanish-speaking countries made headlines this week, with cryptocurrency and blockchain-related developments on both the governmental and enterprise level. The Congress of the Republic of Peru spoke about the potential of blockchain tech, blockchain firm Aeternity revealed the development of a network that enables the management of the supply chain of medical cannabis, Venezuela’s central bank explored the possibilities of holding crypto in its coffers, and a subsidiary of Argentinian smart contract platform RSK purchased Latin …

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Venezuela’s Maduro Mandates Petro Use in Funding of Social Housing Project

Venezuela’s president has ordered that his pet cryptocurrency, the petro, must be used in funding an ongoing social housing initiative. According to a news announcement on the government’s website Thursday, President Nicolas Maduro mandated that the oil-backed petro token must be used for constructing new homes under the Great Housing Mission Venezuela – a project set up by his predecessor Hugo Chaves in 2011. The news was announced by Venezuela’s Minister for Habitat and Housing, Ildemaro Villarroel. …

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Venezuelan Pharmacy Chain to Accept Cryptocurrency Payments

A Venezuelan pharmacy franchise will now accept dash cryptocurrency payments, through an integration with Panda Exchange’s proprietary payments system. The Farmarket retail chain is piloting a dash-enabled point of sale system, XpayCash, that will allow customers to make instant cryptocurrency transactions, the Dash Core Group announced Monday. The payment rail will be rolled out to 22 pharmacy locations over the next two quarters. Dash representatives will provide on-site training during the first two months of operations …

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