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Category Venezuela
Delaware court to weigh final bids in Citgo parent auction amid fierce creditor battle
An auction of shares in PDV Holding, the parent company of Venezuela-owned refiner Citgo Petroleum, which has been in the works for a long time, is...
Sep, 15, 2025
3 min read
by Invezz
Economist: USDT Leveraged to Settle Crude Oil Sales in Venezuela
The Venezuelan government is using USDT to receive payments for crude shipments, according to local sources. The move prevents a blockade of crude ...
Sep, 04, 2025
by Bitcoin News
Venezuelan exchanges turn to dollar stablecoins as U.S. restrictions squeeze economy
Venezuela is turning to dollar-pegged cryptocurrencies to shore up its foreign exchange market as US sanctions choke oil revenues and reduce the av...
Sep, 03, 2025
3 min read
by CryptoPolitan
Latam Insights Encore: Venezuela Shows the Power of Stablecoins
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we e...
Sep, 02, 2025
by Bitcoin News
Elliott Affiliate recommended as winner in $5.89 billion Citgo auction
According to papers released late Friday, an Elliott Investment Management affiliate has emerged as the preferred winner in the long-running US cou...
Aug, 30, 2025
3 min read
by Invezz