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The President of the South American country increases the value of the national cryptocurrency by decree

A charity initiative promoted by a new Mexican online wallet aims to raise a million dollars in donations in cryptocurrencies to be distributed to one hundred thousand Venezuelans

The new Venezuelan state "cryptocurrency" pops us alongside the old legal tender on online current accounts, which now appear to be both in Bolivar and Petro

In October, a new historical record of Bolivar/bitcoin trades in the South American country has been registered, making it the second largest market in the world

An official announcement states that the Petro tokens can be bought on the website, but this feature is actually not available yet

Direct exchange volumes on LocalBitcoins continue to increase, and not only for the South American country affected by hyperinflation

The use of cryptocurrencies is increasingly growing in Latin American countries, becoming the subject of a DIAR report

More than 500 merchants and 10,000 users in the country use digital currencies not only as a store of value but also for daily payments

Due to the country's serious economic and monetary problems, online shopping and crypto payments allow citizens to buy products that they would otherwise find difficult to find

In recent days the cryptocurrency is performing particularly well in view of the situation in South America