Crypto Is Now Central to Venezuela’s Economy—And Poses Sanctions Risks: TRM – Decrypt
In brief TRM says U.S. sanctions are driving everyday use of crypto, particularly USDT, in Venezuela. Growing dependence on informal peer-to-peer crypto markets heightens sanctions-evasion risks, TRM says. Rising U.S.–Venezuela tensions could intensify scrutiny of the country’s crypto activity. New research suggests Venezuela has become increasingly dependent on crypto as the United States and its...
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