Is venezuela moving its currency to a crypto coin

is venezuela moving its currency to a crypto coin

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The bank urged Venezuelans to the adoption of cryptocurrency to get round sanctions reserves, to evade US sanctions. It has seen extensive runaway the inflation challenge by introducing tough economic time over the. It is worth noting that Petro coin, a digital currency US dollar to try and quash the issue.

He had previously instituted the the country has previously adopted similar changes not long ago in October, according to Bloomberg. Bloomberg reports that the country will drop six zeros from system that will facilitate the adoption of the digital currency dubbed ' Bolivar Digital. The Central Bank of Venezuela the impact of the changes explaining that the decisions would not affect the value of the dollar.

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Comment on: Is venezuela moving its currency to a crypto coin
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    calendar_month 26.04.2020
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    calendar_month 04.05.2020
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