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Cryptorank

Category Venezuela


Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

With the US reportedly cutting off Venezuelan oil sales by May 31, experts warn that the country’s likely shift towards digital currency necessitat...
Apr, 30, 2024
2 min read
by Cryptonews
Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations

Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan o...
Apr, 29, 2024
by Bitcoin News
Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions

Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions

PDVSA's adoption of USDT has surged since the U.S. reinstated sanctions amid concerns about Venezuela's upcoming election.
Apr, 24, 2024
2 min read
by CryptoPotato
Tether Will Freeze Wallets Evading Venezuelan Sanctions

Tether Will Freeze Wallets Evading Venezuelan Sanctions

Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports.
Apr, 24, 2024
by CoinDesk
Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report

Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report

The Venezuelan government is once again turning to crypto to circumvent US sanctions, this time, in its oil and gas sector.
Apr, 23, 2024
2 min read
by CryptoPotato