Breaking NewsRetail Crypto Trading Soars In Africa and Asia + More News        Bitcoin Options Market Suggests Investors Preparing for All-Time High        Ray Dalio: Still Bearish on Bitcoin        Money on Chain Launches New Bitcoin Layer 2-based Decentralized Token Exchange        Bitcoin exceeds 2017 peak to hit record high of almost $20000        Major Australian Investment Firm Moves From Negative-Yielding Assets Like Gold to Bitcoin        Libra Association Taps Saumya Bhavsar as General Counsel for Payments Subsidiary        Traders can take part in crypto run with a few checks        VanEck Debuts Bitcoin ETN on German Stock Exchange        ‘Bypass’ Attack in Coldcard Bitcoin Wallet Could Trick Users Into Sending Incorrect Funds        XRP price spikes to $0.90, crashes in seconds as Coinbase goes down        Where’s the independence?        Square Agrees to Buy Credit Karma’s Tax Preparation Service for $50M        It’s Time To Join The Bitcoin Circular Economy        Crypto Card Market May See a Big Move : Revolut, Bitpay, SpectroCoin, Bitwala, Cryptopay        Blockchain Bites: Coinbase Cuts Margin Trading, Binance Sweeps US Clients, OKEx Offers Rebates        What’s the top performing investment class of 2020?        Bitcoin Eyes Fresh ATH, Altcoins Hold Gains, XRP Rallies        Why Ethereum and Altcoins Faced Carnage As Bitcoin Hit $19500        Polkadot, EOS, Dogecoin Price Analysis: 25 November        Support for XRP Spark Token Airdrop from Exchanges        BIS Paper Says There’s Potential to Embed Regulation Into Stablecoin Systems        Payment Revolution: the future of money and crypto adoption in retail        Lebanon prepares the development of its own CBDC following the economic crisis        Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology        Busan City’s local digital currency evolves, dedicated online mall launched        Western Union’s (WU) Digital Abilities to Boost Global Presence        Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?        Why the market bubble is back        Are Joe Biden and Janet Yellen actually good for Bitcoin?        US Intelligence Community is Worried About China’s Digital Currency        Can China’s DCEP Challenge Bitcoin?        Ethereum Smart Contract MLM Software Development Company  

Venezuela looking at using cryptocurrency to bypass financial sanctions

Venezuela may use cryptocurrency to bypass financial sanctions – SiliconANGLE

Venezuela’s central bank is looking into ways to hold bitcoin and Ethereum and use them for financial transactions, according to sources quoted by Bloomberg late last week. The push is said to be coming from state-run oil company Petroloeos de Venezuela SA, which wants support for cryptocurrencies to pay the company’s suppliers.