Venezuela: Parliament Approves Crypto Bill to Combat ‘Financial Blockade’

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Venezuela: Parliament Approves Crypto Bill to Combat ‘Financial Blockade’ The Constituent National Assembly of Venezuela has approved a bill on cryptocurrency regulation, the country’s Ministry for Communication and Information reported Nov. 21. The law was proposed by the country’s leader Nicolas Maduro and consists of 64 articles and five transitory provisions. It validates Petro, Venezuela’s controversial oil-backed cryptocurrency, as a unit of…

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