Venezuela To Increase Its Use Of Bitcoin To Pay For Imports To Bypass Financial Sanctions Imposed By
A report by RunRun.es stated that Venezuela intends to increase its use of Bitcoin to pay for imports to bypass financial sanctions imposed by the United States. It has been reported that RunRun.es, which was founded by Venezuelan investigative journalist Nelson Bocaranda, cited anonymous sources from the country’s central bank who claim that “payments to companies from allied countries such as Iran and Turkey have been made using Bitcoin.” However, it is not clear what these