Post
Topic
Board Economics
Re: 16 Cryptocurrency Exchanges Get Approval to Launch in Venezuela
by
Abigail.Parsons
on 02/05/2018, 10:42:55 UTC
Venezuelan President Nicolas Maduro has reportedly approved the ‎registration of 16 cryptocurrency exchanges in the country, months after ‎introducing regulations for ‎the emerging space.
Maduro hopes that these exchanges will start listing Petro soon, but ‎none of them did confirm the inclusion.
https://www.financemagnates.com/cryptocurrency/news/16-cryptocurrency-exchanges-get-approval-launch-venezuela

What implications can this step have on Venezuelan economy being the economy with highest inflation rate and simultaneously what does this mean to cryptocurrency world wide?

Apparently they had over 100 applications as well which is pretty incredible. I this goes to show that as long as we have an open internet there will always be a place to buy crypto simply because of the game theory coming into play!