Crypto to bypass sanctions? Yes, says Venezuela’s President Maduro

#crypto #bitcoin

The government of Venezuela has floated a new use case for cryptocurrencies, President Nicolas Maduro said during a recent speech, one that highlighted the possibility of using digital assets in trades, alongside the cryptocurrency Petromoneda (or Petro). The controversial Petro was launched two years ago to reduce the Venezuelan economy’s dependence on the U.S dollar. […]

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Alisha Roy, @KhareemSudlow