Venezuela to Fund Housing for Homeless With National Cryptocurrency Petro

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While the Venezuelan political and economical crisis has deepened in recent years, with inflation of the bolivar surpassing 25,000 percent, Venezuela has seen a boom in cryptocurrencies. As Cointelegraph reported earlier in June, Bitcoin trading has increased significantly this year. The volume of Venezuelan bolivar to Bitcoin exchange increased by 138% from March to April, and by 39% more from April to May.

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