Nobel Committee Recognizes Machado’s Fight for Democracy in Venezuela Maria Corina Machado, a prominent figure in the Venezuelan opposition, has received the 2025 Nobel Peace Prize in recognition of her unwavering commitment to democratic reform. The Norwegian Nobel Committee characterized her as an emblem of civilian bravery and solidarity in the face of authoritarian oppression.…
Inflation Destroys Trust in Venezuela’s Bolívar Venezuela’s economy continues to spiral as inflation surges to 229%, eroding confidence in the national currency. The bolívar, once the backbone of commerce, has lost nearly all practical use in everyday transactions. Hyperinflation and strict capital controls have pushed citizens to seek alternatives that retain value. For millions, stablecoins…
In a complex, large-scale prisoner swap on Friday, the Trump administration secured the release of 10 US nationals detained in Venezuela. In exchange, approximately 250 Venezuelans, who had been deported from the United States and subsequently imprisoned in El Salvador’s notorious Terrorism Confinement Centre (CECOT) mega-prison, were repatriated to their home country. This operation marks…
Like many other cryptocurrencies, the adoption of Bitcoin has increased exponentially in Venezuela due to the country’s crippling economic problems. Venezuelans have tapped into alternative financial solutions and developed a growing interest in blockchain technology. However, more responsible use of cryptocurrency requires having a fundamental understanding of Venezuela’s tax laws and legal framework. In this…
