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Venezuela says it raises 5 bln USD from cryptocurrency presale

Retrieved on: 2018-03-09 12:18:45

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<div>In late February, Venezuela launched the presale of its own cryptocurrency, a type of digital or <b>virtual currency</b>, backed by its crude oil reserves, as a new financing option against financial sanctions imposed by Washington, which forbid U.S. businesses from lending to the Venezuelan government or the ...</div>

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