So is Venezuela fully supporting bitcoin? Damn, I gotta love this. Venezuelan government should be the first country creating their own crypto currency. Interesting that they are using NEM blockchain.
the venezuelan government never banned cryptocurrencies or said something about it.
they didn't care until the economic blockade imposed by the U.S. imperialism against the venezuelan people.
the foreign exchange control in Venezuela is not for cryptocurrencies.
a venezuelan has always been able to buy cryptocurrencies from the beginning.
before venezuelan exchangers exists, a venezuelan could have cryptocurrencies:
- buying in an international exchanger if he/she has dollars/euros.
- buying to a venezuelan miner with dollars/euros or Bolivars (venezuelan currency).
- mining.
now, with venezuelan exchangers, a venezuelan can buy with Bolivars directly.
there is a minimum though.
so... ¿fully supporting bitcoin?
the venezuelan government just
legalized formally cryptocurrencies in general.
before that it wasn't illegal or legal.