Title: Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions
Post by: Bitcoin on Jun 18, 2024, 05:25 am
Post by: Bitcoin on Jun 18, 2024, 05:25 am
Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions
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 […]
Source: Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions (https://news.bitcoin.com/venezuela-likely-to-keep-using-crypto-to-bypass-new-set-of-us-sanctions/)
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 […]Source: Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions (https://news.bitcoin.com/venezuela-likely-to-keep-using-crypto-to-bypass-new-set-of-us-sanctions/)