Bitcoin trading volume in Venezuela updated historic high of

Bitcoin trading volume on the LocalBitcoins p2p platform in Venezuela has broken a historical record over the past week. This is evidenced by the site CoinDance.

So, over this period, Venezuelans exchanged about 68 billion bolivars for bitcoins, surpassing the previous record of 58 billion recorded last month.

Note, the trend may continue against the backdrop of the decree of US President Donald trump to block the ownership of the Venezuelan government in US jurisdiction. The decree also covers the assets of the Central Bank of Venezuela and the oil company PDVSA.

In addition, US residents are prohibited from entering into transactions with supporters of Nicolas Maduro. The latter is now locked in the United States.

Recall that against the backdrop of hyperinflation , Venezuelan residents often turn to bitcoin, and trading volumes on LocalBitcoins in the country have updated historical highs several times .

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