Stablecoins like USDT and USDC are now dominating transactions in Venezuela. Hyperinflation and a lack of trust in local banks are driving this crypto adoption and "on-chain dollarization." ...
TRM Labs examines the role of cryptocurrency in Venezuela. The update looks at how crypto is potentially enabling sanctions evasion.
Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming weeks after Washington ordered a blockade of oil tankers under sanctions, analysts and ...
U.S. banking groups are pushing back against the OCC’s approval of crypto trust charters. Elsewhere, the conversation has already moved on. Brazil’s largest bank is advising Bitcoin [BTC] exposure.
JPMorgan Chase has allegedly put a block on all bank accounts associated with BlindPay and Kontigo, two venture-backed ...
This content is contributed or sourced from third parties but has been subject to Finextra editorial review. This piece has been co-authored by Tom Spiller OBE, partner, and Gabriela Parra, corporate ...
Adoption continues to grow. Venezuela now ranks within the top 20 countries globally for peer-to-peer crypto use, despite ...
Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming weeks after Washington ordered a blockade of oil tankers under sanctions, analysts and ...
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