As Venezuelan President Nicolas Maduro faces growing U.S. military pressure and calls for his resignation, an old foe is returning to haunt him in his own backyard: Inflation, one of Venezuela’s ...
Venezuela is grappling with a massive plunge in its currency and triple-digit inflation, piling pressure on authoritarian ...
Venezuela’s dependence on US-dollar pegged stablecoins could deepen amid a new threat of war, ongoing sanctions and the ...
US sanctions limit Venezuela's access to foreign currency Venezuela uses USDT to buoy currency exchange PDVSA has increased digital currency usage Sept 3 (Reuters) - Venezuela's government is slowly ...
Venezuelan officials also asserted that the new digital currency — the first to be issued by a nation — would allow investors to do an end run around sanctions imposed against their country by the ...
Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small ...
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Inflation returns to haunt Venezuela amid rising tensions with the US
Prices of basic goods in Caracas are rising daily, reviving memories of the hyperinflation that devastated the economy in previous years. Since the Pentagon deployed warships and aircraft in ...
(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...
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