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Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions | Emerging Markets Bitcoin News

Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions | Emerging Markets Bitcoin News



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  1. > According to the Bloomberg report, the central bank of Venezuela is formally testing whether it can hold crypto in its reserves. The immediate targets include bitcoin (BTC) and ethereum (ETH).
    >
    > Both assets have been requested by state-run Petroleos de Venezuela SA. The oil company wants to send BTC and ETH to the central bank and then have it pay the firm’s suppliers with the coins, says the report.

  2. If this is true, then the last weeks are pretty epic for bitcoin…

    First the Big Companies who invest into bitcoin and make it public
    Second Paypal to announce the possibility to buy and hold bitcoin (even though you cannot transfer coins)

    And now Countries making it public that they start to Use Bitcoin for different Things.

    ​

    The Last Months I thought about selling bitcoin, but right now with all the News coming up, it helps me to keep on holding because I personally think it now will go even faster than the last years regarding rising price.

  3. Please downvote bitcoin,com spam!
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