Venezuela

Maduro's government drops 5 zeros from the national currency and renames it "sovereign bolívar".

Venezuela's president Maduro is proposing that zeros be dropped on the current bolivar as a way to curb inflation, but critics think it will only maintain the status quo while creating more confusion.

Although Venezuela might be the first country to launch a digital currency, it is not helping ordinary citizens who find it difficult to carry out ordinary daily purchases due to the tragic unavailability of cash.

Venezuela's president Maduro has started discussing about the possibility of making the petro cryptocurrency into a joint mechanism with OPEC member countries, but the battle is far from won.

Venezuela's Maduro is moving along with his "petro" cryptocurrency project despite growing criticism from the opposition and the U.S.

Maduro's plan to launch a Venezuelan cryptocurrency was rebuffed by Parliament who considers it to be a scheme to nurture corruption and evade sanctions.

The Venezuelan crisis results in an unprecedented scarcity of cash, forcing banks to impose absurd cash withdrawal restrictions as ATMs remains empty.