Venezuelan government authorizes opening of US dollar accounts, Bitcoin call request is being tested

2021-3-11 07:45
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According to the March 11 decryption, the Venezuelan national currency, the bolivar, was suffering from hyperinflation, and one of the ways Venezuelans can avoid the devaluation of the bolivar is with Bitcoin. According to a report by crypto analysis firm Chainalysis in September 2020, Venezuela ranks third in the world in terms of Bitcoin use. But earlier this year, the Maduro government began allowing Venezuelan banks to open dollar banknotes to consumers. Companies can now start paying employee salaries in foreign currency. This decision can test the quality of Bitcoin. At the same time, local experts agree that there is no need to worry about this and that the Bitcoin market in Venezuela remains risky.

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2021-3-11 07:04