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2019-10-01 06:54:05

Venezuela prepares for cryptocurrency payment methods

Cryptocurrency payment methods soon to become a reality for Venezuelans as President Nicolas Maduro announced in a press conference on Sep 30 that the country’s central bank is preparing to facilitate national and international cryptocurrency transactions. Cryptocurrencies may have received flak ever since they were introduced to the market; however, for one group of people, they are proving to be a blessing in disguise. Venezuelans have witnessed their currency getting reduced to practically valueless amidst the political and economic crisis. Necessities have now become items of luxury. All of this and more has caused the citizens to either flee from