Venezuela To Launch Its Central Bank Digital Currency In October
The Central Bank of Venezuela officially announced on August 6 Friday that it will launch its central bank digital currency (CBDC) in October this year. To solve the high inflation…
The Central Bank of Venezuela officially announced on August 6 Friday that it will launch its central bank digital currency (CBDC) in October this year. To solve the high inflation…
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to…
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid…
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and…