Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report - The Next Web

26/07/2019 Link to source

Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report    Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions.

Context

https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/venezuela.gifVenezuela, Bolivarian Republic of
The Bolivarian Republic of Venezuela is a country on the northern coast of South America.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/bitcoinfoundation.pngBitcoin Foundation
The Bitcoin Foundation was launched in September 2012 to accelerate the global growth of bitcoin through standardization, protection, and promotion of the open source protocol.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/bitcoin.pngBitcoin
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/bitcoin.pngBitcoin
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collect

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