Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

Article

Name

Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

Description

Experts warn that Venezuela’s likely shift towards digital currency necessitates stricter regulations.

Types

Authors

Shalini Nagarajan

Avatar

Publish date

04

Month

/

30

Day

/

2024

Year

12

:

00

am

Publisher

Related news stories

Venezuelan opposition politician warns of crypto use for money laundering

Related news topics

Voices from the field

Web archive URL

https://archive.is/QEbXJ

Web URL

https://cryptonews.com/news/venezuela-digital-currency-use-to-face-tighter-regulatory-scrutiny.htm

Referenced by

Shalini Nagarajan

Crypto

Venezuelan opposition politician warns of crypto use for money laundering

Crypto

Lopez and Doucette put out a strong call to action for Western governments, particularly the US. To safeguard sanctions’ effectiveness, they must close the loophole autocratic regimes are exploiting with cryptocurrency, they said.

Crypto