The Venezuela central bank is strongly considering adding Bitcoin and Ethereum and is in the midst of running internal tests to determine the possibility. For more than a decade, Venezuela has been isolated from the global financial system following deepening US sanctions. The severe penalties have increasingly pressurized the Maduro government, central bank, state-run companies, and prominent industries to turn to alternate currency reserves. Desperate times call for desperate measures In one such attempt, the PDVSA is battling the long-term consequences of these sanctions by proposing the supplier payments through cryptocurrencies. Reportedly, the company has been unable to collaborate with
