Friday September 20, 2024

Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions

Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions

by Sergio Goschenko June 17, 2024 1 min read

(Originally posted on : Bitcoin News )

According to Venezuelan dissidents and cryptocurrency analysts, the government of Venezuela is likely to keep using crypto to bypass the returning sanctions on oil and gold activities. Even when Nicolas Maduro’s administration seems to have been affected by corruption cases involving crypto, watchers report that these tools will keep diverting funds from regular channels. Venezuelan […]

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