July 31, 2024

Bitcoin Cryptocurrency Adds to Venezuela Money Laundering Risk

Retrieved

In February, a new kind of cash machine appeared in Caracas – one that allows Venezuelans to trade fiat currency for the cryptocurrency Bitcoin, now trading at nearly $60,000 per coin. The CEO of Caracas’ Bitcoin ATMs said they are “a tool of financial inclusion” in a volatile economy cut off from the dollar. Full Text ->InsightCrime

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