State

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency
State

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC
State

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC

The Bank of Lithuania has launched the first central bank-produced digital collectors coin dubbed “LBCOINS” as part of its trial of blockchain technology and testing in its development of central bank digital currencies.

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