The Anti-Petro? Zcash Throws Venezuelans a Lifeline
The creator of zcash has partnered with a startup called AirTM to help Venezuelans turn their inflated local currency into U.S. dollars, undetected.
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult.
After airdropping cryptocurrency to 60,000 users in Venezuela, AirTM survey results suggest how crypto is really used in the economically troubled nation.
From the CoinDesk Global Macro news desk, this is Borderless - a twice-monthly roundup of the most important stories impacting bitcoin and the crypto sector from around the world.
As the situation in Venezuela continues to escalate, artist cryptograffiti, crypto exchange AirTM and merchant services provider Cripto Conserje have teamed up for an all-day fundraiser to tear down – in whatever way they can – Maduro's regime.
Peer-to-peer cryptocurrency exchange AirTM has raised $7 million it says it will use to expand in troubled Latin American economies.