as Venezuelan citizens turn to digital assets to resist the impact of currency collapse and tightening government controls, cryptocurrencies are becoming a core part of its economy. According to the Chainalysis 2024 Cryptocurrency Adoption Index report, Venezuela ranks 13th globally in cryptocurrency adoption rates, with the report stating that cryptocurrency adoption in Venezuela has grown by 110% in one year.
Inflation and currency collapse lead to surge in cryptocurrency adoption in Venezuela
2025-08-27 17:08:00 Primitive Reading
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