Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow News, December 31 — According to a report by Cryptonews, Venezuelans are "turning to cryptocurrencies" to cope with inflation instead of relying on the U.S. dollar. The report added that while cryptocurrency exchanges are not "illegal" in the country, they are also "unregulated," and the government "tolerates" their presence as they help bring in foreign exchange.
According to Cryptonews, a recent report indicates that Venezuelans are "turning to cryptocurrency" to cope with inflation rather than relying on the U.S. dollar. The report added that while cryptocurrency exchanges are not illegal in the country, they are also "unregulated," and the government "tolerates" their presence as they help bring in foreign exchange.
Navigating Web3 tides with focused insights
