(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...
This year's Nobel Peace Prize winner, Venezuelan opposition leader María Corina Machado, previously spoke about Bitcoin as ...
With inflation at 229%, daily prices in Venezuela are set in USDT “Binance dollars,” usually at live P2P rates. Three dollar rates exist (official, parallel and P2P), but merchants mostly follow the ...
Venezuelan officials also asserted that the new digital currency — the first to be issued by a nation — would allow investors to do an end run around sanctions imposed against their country by the ...
The use of cryptocurrencies in developing countries could hurt their fiscal autonomy and financial stability, according to a ...