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Bitcoin Demand in Economically Volatile Countries Reaches Record Highs

Nothing drives up demand for Bitcoin more than economic and political uncertainty. Well maybe a large dose of China initiated FOMO, but fundamentally BTC acts as a solid hedge against failing fiat and economic policy. This year has not been…
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Is Venezuela’s Bitcoin Stash Really So Bullish for BTC?

Earlier today, news broke that the central bank of Venezula is in tests to see whether it would be advantageous for the institution to hold cryptocurrency reserves. The nation’s state-run oil company is also apparently attempting to send…
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Venezuelan Crypto Regulator Urges Public to Use Petro For Remittances

The superintendente of “Nacional de Criptoactivos (SUNACRIP) in Venezuela, Joselit Ramírez, has appeared on national radio to encourage people to use the Venezuelan state-backed crypto asset, the petro. Ramírez reminded listeners that…
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Crypto Ambitions Rise in Cuba to Curb Economic Crisis

The number of countries facing economic woes is rising dramatically. In order to mitigate the impact of inflation, nations are looking towards cryptocurrency as one possible solution and Cuba is the latest to turn to digital assets. Cuba Going…
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Why Bitcoin Cannot Fix the Socioeconomic Crisis in Venezuela [For Now]

Venezuela has seen its national currency become practically worthless after undergoing one of the worst economic crisis in history. The inflation is all-time high – all the essential goods such as medicines and even toilet papers have…
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Counter Argument: A Caracas-Based Journalist Says Bitcoin is Not Saving Venezuela

While Venezuela’s economy continues to suffer under the haphazard mismanagement by Nicolás Maduro, it has caused the country’s citizens to rely on Bitcoin as a currency, store of value, and its use to transfer funds across borders. Bitcoin…
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Bitcoin Is A Hedge Against Bolivar-Induced Financial Suicide, Claims Venezuelan Economist

Since Venezuela entered its current crisis, Bitcoin (BTC) and cryptocurrencies become a popular subject in the nation. Carlos Hernández, an economist in the strife-filled Latin American nation, recently issued a New York Times op-ed to discuss…
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Venezuela Denied Access to Overseas Gold: This is Why Bitcoin is Important

As part of an international effort to wrest power from Nicolas Maduro in Venezuela, the Bank of England has denied the nation access to gold deposits stored with the institution. Such instances highlight just why a permissionless store of value…
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Venezuela Introduces Crypto, Foreign Fiat Operations Taxation

Venezuelan government has published a new decree that introduces taxation for operations with cryptocurrency and foreign fiat in its official newspaper Monday, Jan. 7. The decree No. 3,719, published in the Gaceta Oficial edition No. 6,420,…
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OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America

OkCoin, a leading digital asset platform for fiat and token trading headquartered in Beijing, has expanded its operation to Argentina and is about to do the same in other Latin America countries. Instiutional and retail customers are now able…