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Tag Archives: California

Roundup – 21/09/2018 – Maduro reorganizes economy around XPD, AUD-alternative to Tether

Maduro reorganizes Venezuelan economy around the PetroDollar Maduro started to structure Venezuela’s economy around the PetroDollar (XPD). It is the first cryptocurrency that backs fiat money as the Bolivar is now pegged to XPD.  In addition to that, Maduro also ordered Venezuelan Banks to adopt PetroDollar as an accounting unit. He even decreed that companies […]

Unlicensed Localbitcoins Trader To Spend 12 Months In Prison

A Southern California court has sentenced a Localbitcoin trader for unlicensed money transfer and money laundering. The U.S. Department of Justice has established that the trader exchanged between $6 million and $9.5 million for various clients in the country. The trader has been identified as Bitcoin Maven and she will spend one year in prison. […]