Citing the data from Localbitcoins, Venezuelans converted a total of 1073 BTC ($7.1 million) in the week ending Saturday — the most since records began in 2013.
Traders continue to turn to cryptocurrency in Venezuela to circumvent the government's increasing stranglehold on the economy and rampant hyperinflation which persists despite a currency redenomination in August.
Submitted October 09, 2018 at 10:34AM by CoinNess_Com http://bit.ly/2Ntb0CF
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