Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability – Economics Bitcoin News

Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability

While no more details were offered, the organization explained the objective is to “fight the irregular practices that attack our currency and the stability of the exchange market.” This means that the government looks to be examining the link between the volumes exchanged in cryptocurrency markets and the U.S. dollar – Venezuelan bolivar exchange rate.

Regulators will always find an excuse to justify their strive to regulate crypto

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At some time in the past I was thinking that it will be Tether adoption there

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