Banks Shut Down in Venezuela – P2P Bitcoin Trading Surges

The post Banks Shut Down in Venezuela – P2P Bitcoin Trading Surges written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics

Venezuela’s financial sector has been shut down due to government reaction of the current COVID-19 outbreak which has 33 cases have been reported so far. As a result, Peer to Peer (P2P) trading of Bitcoin has exploded in the country according to LocalBitcoins volume in Venezuela from Coindance.  According to a news report out of […]

The post Banks Shut Down in Venezuela – P2P Bitcoin Trading Surges written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics

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